Use the following to answer question:
Figure 16.6
-(Figure 16.6) The figure shows the cost of college for high- and low-productivity workers. Based on the college wage premium:
A) high-productivity workers will get a four-year degree.
B) all workers will get a four-year degree.
C) high-productivity workers will choose six years of college.
D) neither type of worker will get a four-year degree.

Question

Use the following to answer question:
Figure 16.6 
-(Figure 16.6) The figure shows the cost of college for high- and low-productivity workers. Based on the college wage premium:
A) high-productivity workers will get a four-year degree. 
B) all workers will get a four-year degree. 
C) high-productivity workers will choose six years of college. 
D) neither type of worker will get a four-year degree.

Quizplus · Accepted Answer

High-productivity workers are more likely to pursue a four-year degree because the college wage premium makes it financially beneficial for them, given their higher potential earnings.

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