Why is it NOT surprising that men make up the minority of college graduates?
a. Because of discrimination against women, men are able to get good jobs with only a high school degree.
b. Men are smarter than women and they do not need a higher education to be attractive to employers.
c. Given their greater physical strength, many men accept high-paying but physically demanding jobs instead of going to college.
d. Many men decide to pursue jobs in professional sports and this significantly reduces the number of males who go to college.
C
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Refer to the above figure. Which panel represents what happens in the foreign job market in the short-run when U.S. firms substitute labor outside of the U.S. for labor inside the U.S.?
A) Panel A B) Panel B C) Panel C D) Panel D
The positive externality associated with education is:
A. producers can get higher prices for their goods and services. B. less crowding in the classrooms. C. increases in societal well-being and economic growth. D. technological progress slows as basic research increases.
Explain the role interest rates play in understanding the time value of money
What will be an ideal response?
Indifference curves can never cross on a preference map.
Answer the following statement true (T) or false (F)