Human Capital and Wage Differentials

Relative to the equally strong, smart and hard working people with minimum education, the high school graduates who invest much heavily in more advanced formal education are probable to experience the lower average: (i) Wages whenever first enter the work force. (ii) Percentage rates of return from extra education. (iii) Income over lifetimes. (iv) Levels of the job satisfaction.

Can someone please help me in finding out the accurate answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : Seller in a monopoly market structure A

A monopoly is a type of market structure in that one: (w) seller makes up the industry. (x) giant firm is a price taker. (y) barrier to entry exists. (z) giant firm is the particular buyer of resources.

Q : Consequences of rise in union wages Can

Can someone help me in finding out the right answer from the given options. The possible consequences of a rise in union wages comprise reduced: (1) Union employment and a refusal in non-union wages. (2) Shares of national income to the labor however growth of union e

Q : Market Power and Monopsony Power-

Assume that a firm with market power in the output market wants to develop and that hiring more workers needs it to raise salaries 8 percent for all the workers. Output prices will most likely: (i) Increase 8 percent to cover the wage rise. (ii) Increase less than 8 p

Q : Recommendation of data on poverty Data

Data on poverty into the United States recommend that the: (w) sex of the head of the family is unrelated to the poverty rate. (x) race of the head of the family is unrelated to the poverty rate. (y) families headed by African-American or Hispanic wom

Q : Define market supply Market supply: It

Market supply: It refers to the sum of all outputs of all producers of a good at a price throughout a given time period.

Q : Illustrate an example of arbitrage

Purchasing oil into Kuwait for $22 per barrel and selling that you purchased for $30 per barrel into Sao Paolo is an illustration of: (w) speculation. (x) bifurcation. (y) a subsidy. (z) arbitrage. I need a good answer on the topic

Q : Positional Goods Consider things like

Consider things like yachts, tattoos, mansions, Harley-Davidsons or bling. Whenever the satisfaction derived from the good depends just weakly on an intrinsic attributes of the good and much strongly on how the good signals group membership or the status, power or soc

Discover Q & A

Leading Solution Library

Avail More Than 1426907 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1936556
Asked

3,689

Active Tutors

1426907

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment