Carefully explain how the following hypothetical situations would affect the cost. benefit calculation of going to co!lege: a. It is increasingly the case that full-time undergraduate students need 5 years to or's degree. complete all of the requirements for a bachele b. The real earnings of college-trained workers increase while those for high school-trained workers decrease.
Carefully explain how the following hypothetical situations would affect the cost. benefit calculation of going to co!lege: a. It is increasingly the case that full-time undergraduate students need 5 years to or's degree. complete all of the requirements for a bachele b. The real earnings of college-trained workers increase while those for high school-trained workers decrease.
Chapter30: The Labor Market
Section: Chapter Questions
Problem 14E
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Question
Carefully explain how the following hypothetical situations would affect the cost.
benefit calculation of going to co!lege:
a. It is increasingly the case that full-time undergraduate students need 5 years to
or's degree.
complete all of the requirements for a bachele
b. The real earnings of college-trained workers increase while those for high
school-trained workers decrease.
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