Labor Economics
8th Edition
ISBN: 9781260484434
Author: George Borjas
Publisher: Mcgraw-hill Higher Education (us)
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Question
Chapter 6, Problem 15P
a)
To determine
The effect of preferences, costs, and individual-specific returns to education on optimal amount of schooling.
b)
To determine
The reason for opting very little schooling by someone who faces a very steep returns to education.
c)
To determine
The annual return to an additional year of schooling.
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