Over the past several decades, low-productivity and high-productivity workers in the US and other countries have tended to invest in their own human capital by completing more years of college than earlier generations
Which of the following reasons does NOT help to explain this trend? A) The cost of education for low-productivity workers has declined due to the emergence of online and other nontraditional programs.
B) The earnings gap between workers with and without education has grown larger over time.
C) The cost of education for high-productivity workers has increased over time.
D) The benefit associated with increased education has increased over time.
C
You might also like to view...
Country risk analysis involves a consideration of
A) forecasting future exchange rates. B) future export growth. C) the strength of political dissent. D) Both B and C.
Dumping refers to selling a commodity abroad at a price that is below its cost of production or below the price charged in the domestic market
a. True b. False
When the economy is on operating beyond the natural rate of real output, efforts to bring inflation down with monetary policy will be ____ successful and efforts to stimulate the economy will be ____ successful
a. More; less b. More; more c. Less; less d. Less; more
Many U.S. business leaders argue that the current state of U.S. net exports is the result of
a. U.S. export subsidies. b. free trade policies of foreign governments. c. unproductive U.S. workers. d. unfair foreign competition.