How have average wages of college graduates compared to average wages of high school graduates over the last 30 years?
A) Relative college wages have held steady over the last 30 years, with college graduates earning about 60 percent more than high school graduates during the entire period.
B) Relative college wages have held steady over the last 30 years, with college graduates earning about 90 percent more than high school graduates during the entire period.
C) Relative college wages have increased drastically over the last 30 years, from being 50 percent more than high school wages in 1980 to almost 100 percent more in 2010.
D) Relative college wages have increased drastically over the last 30 years, from being 20 percent more than high school wages in 1980 to almost 60 percent more in 2010.
E) Relative college wages have decreased slightly over the last 30 years, from being 40 percent more than high school wages in 1980 to just under 30 percent more in 2010.
Correct Answer:
Verified
Q20: What does the Gini coefficient measure?
A)The rate
Q21: Expansions in globalization and the reduction of
Q22: Which of the following statements regarding the
Q22: Which of the following is not a
Q23: Social mobility refers to
A)the ability for a
Q24: Extraordinary earnings of superstars require
A)a technology that
Q27: In the United States over the last
Q27: The superstar phenomenon explains why
A)some people are
Q28: Large disparities in wages could possibly result
Q30: In the context of intergenerational inequality, regression
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents