Differences in wages between highly educated workers and less-educated workers are most likely to be considered which of the following
A)a compensating differential for the cost of becoming educated
B)a signal that the market is indifferent to the worker's level of human capital
C)a temporary wage gap that disappears over time
D)completely fair by everyone

Question

Quizplus · Accepted Answer

The wage gap between highly educated workers and less-educated workers can be seen as a compensating differential for the cost associated with acquiring education. This is because higher education often requires a significant investment of time, money, and effort, and higher wages help to offset these costs.

Differences in Wages Between Highly Educated Workers and Less-Educated Workers