Poverty TR Quiz 6 Answers - Quiz # 6: Economics of Poverty...

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Quiz # 6: Economics of Poverty – Econ 4350 – Fall 2009 – TR Name: T F 1. The simple correlation between educational attainment and income is very strong and consistent. T F 2. The median earnings of college graduates are more than 60% greater than that of high school graduates for males ages 25-64. T F 3. Over 20% of high school dropouts are under the poverty line. T F 4. The earnings gap between better- and lesser- educated workers has held steady. T F 5. The income distribution of college graduates overlaps that of high school dropouts. T F 6. Differences in human capital are usually large and easily observable. T F 7. The presumption that ability breeds economic success finds empirical support. T F 8. Incomes, IQ, and educational attainments are all distributed similarly 9. Why has the earnings gap between better- and less- educated workers widened? There has been an increase in the demand for skilled workers due to technological advances, international competition, and changes in the mix of output. At the same time, the supply of
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This note was uploaded on 02/20/2010 for the course ECON 4230 taught by Professor Erdal during the Fall '09 term at Georgia State University, Atlanta.

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Poverty TR Quiz 6 Answers - Quiz # 6: Economics of Poverty...

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