Which of the following is not an explanation for the wage gap between workers with college education and workers without college education?O a. Workers with higher education have more human capital.O b. Unproductive workers are more likely to get a college degree.O. Workers use education as a signal.O d. Employers use education as a screening mechanism.In the short-run, the supply of high-skill workers is inelastic becauseO a.it takes time to develop human capital.education is costly.Oc.the wage premium is too low.Od.in the long-run, all workers can obtain the necessary skills.

College Education: A college education is a form of post-secondary education that typically involves…

Which of the following is not an explanation for the wage gap between workers with college education and workers without college education? O a. Workers with higher education have more human capital. O b. Unproductive workers are more likely to get a college degree. Oc. Workers use education as a signal. O d. Employers use education as a screening mechanism. In the short-run, the supply of high-skill workers is inelastic because a. it takes time to develop human capital. O b. education is costly. O c. the wage premium is too low. O d. in the long-run, all workers can obtain the necessary skills.

Which of the following is not an explanation for the wage gap between workers with college education and workers without college education? O a. Workers with higher education have more human capital. O b. Unproductive workers are more likely to get a college degree. Oc. Workers use education as a signal. O d. Employers use education as a screening mechanism. In the short-run, the supply of high-skill workers is inelastic because a. it takes time to develop human capital. O b. education is costly. O c. the wage premium is too low. O d. in the long-run, all workers can obtain the necessary skills.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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In the United States, labor earnings are about what percent of total income? O a. 75 percent O b. 70 percent O c. 67 percent O d. 50 percent Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
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