19. Economics: Labor Economics Thank you for your help and support Academic Agent! A researcher who ignores ability bias tends to over-estimate the return to schooling,becausethe return to schooling is undefined when productivity differs across workers.O high-ability workers tend to also obtain large amount of education.O high-ability workers tend to obtain the same amount of education as less-skilled workers.the researcher cannot observe a workers productivity or level of schooling.◄D03:41esc!12F2#380F306:45$4QF4DDP 5%IF5TIl app.honorlock.com is sharing your screen. Stop sharingA< 6F6Y&78F7U* 008DIIFB1(a9DD)O0F10PF11+F123

Labor economics refers to a part of economics that spotlights on the investigation of how people,…

A researcher who ignores ability bias tends to over-estimate the return to schooling because the return to schooling is undefined when productivity differs across workers. O high-ability workers tend to also obtain large amount of education.

A researcher who ignores ability bias tends to over-estimate the return to schooling because the return to schooling is undefined when productivity differs across workers. O high-ability workers tend to also obtain large amount of education.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

19. Economics: Labor Economics Thank you for your help and support Academic Agent!

A researcher who ignores ability bias tends to over-estimate the return to schooling,
because
the return to schooling is undefined when productivity differs across workers.
O high-ability workers tend to also obtain large amount of education.
O high-ability workers tend to obtain the same amount of education as less-skilled workers.
the researcher cannot observe a workers productivity or level of schooling.
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Study of all the factors that contribute to the efficiency of the labor force. Labor economics helps in understanding the issues related to the functioning of the labor markets, workers safety, gender equity, job security, determination of fair wages, bargaining through trade unions and job satisfaction.

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