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The earnings of highly educated workers a rise more

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147. The earnings of highly educated workers: A. rise more slowly than those of less-educated workers. B. rise more rapidly than those of less-educated workers. C. rise at about the same rate as those of less-educated workers. D. stagnate earlier than do those of less-educated workers. AACSB: Reflective Thinking Skills Blooms: Knowledge Learning Objective: 13-5 McConnell - Chapter 13 #147 Topic: Wage differentials; human capital 148. Economists regard expenditures on education as investments because: AACSB: Reflective Thinking Skills Blooms: Understanding Learning Objective: 13-5 McConnell - Chapter 13 #148 Topic: Wage differentials; human capital 149. Which of the following involves the creation of human capital? AACSB: Reflective Thinking Skills Blooms: Application Learning Objective: 13-5 McConnell - Chapter 13 #149 Topic: Wage differentials; human capital 150. Human capital is best defined as: AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-5 McConnell - Chapter 13 #150 Topic: Wage differentials; human capital 151. Which of the following is a market imperfection that might explain persistent wage differentials within an occupation? A. movement of labor from lower-wage to higher-wage jobs B. readily available information about job opportunities and pay C. principal-agent problems D. discrimination AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-5 McConnell - Chapter 13 #151 Topic: Wage differentials; human capital 152. Which of the following is a market imperfection that might explain persistent wage differentials within an occupation? AACSB: Analytical Skills Blooms: Knowledge Learning Objective: 13-5 McConnell - Chapter 13 #152 Topic: Wage differentials; human capital
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