If a college education did not increase worker productivity,
a. no one would go to college.
b. the earnings of workers with a college education would tend to be the same as for workers without a college degree.
c. the earnings of workers with a college education would still be higher than for those without a college degree.
d. the earnings of workers with a college education would be lower than for those without a college degree.
B
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All else equal, as the price of oil rises, potential profits from producing oil ________ which ________ oil companies to look for additional sources of oil
A) increase; encourages B) increase; discourages C) decrease; encourages D) decrease; discourages
Which of the following tools is NOT a policy tool of the Fed?
A) last resort loans B) the tax rate on interest income C) the reserve ratio D) open market operations