Which of the following statements about education and wage rates is true?
A. People who are high school graduates with no college education have seen substantial increases in inflation-adjusted earnings in the last 30 years.
B. People with four-year college degrees tend to earn considerably more than those with advanced degrees.
C. While people with high school degrees have had almost no increase in real wages in 30 years, those with advanced degrees have had significant increases in pay.
D. Inflation-adjusted earnings for people with four-year college degrees have fallen over the last 30 years.
Answer: C
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