Compared to the present value of a high school education, the present value of at least a college education is
a. 100 times as great
b. nearly double
c. the same
d. about half
e. Present value cannot be used to analyze education
B
Economics
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Real wages usually lag behind the increases in labor productivity
a. True b. False Indicate whether the statement is true or false
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Other things the same, an increase in the U.S. interest rate causes the quantity of loanable funds supplied to
a. rise because net capital outflow and domestic investment rise. b. rise because national saving rises. c. fall because net capital outflow and domestic investment rise. d. fall because national saving falls.
Economics