Which of the Following Wage Premia Is Modeled with an Indicator

question 5

Multiple Choice

Which of the following wage premia is modeled with an indicator variable that shifts the intercept?

• A)height
• B)gender
• C)education
• D)weight

---

Definitions:

Private Marketplace

A trading environment usually reserved for qualified participants, where transactions are not open to the public or general market participants.

Public Good

Goods or services that are available for all to consume, regardless of who pays for them, characterized by their non-excludability and non-rivalry in consumption.

National Defense

Public goods provided by the government to protect its citizens and territory from external threats.

School Attendance

The act of being present at school and participating in educational activities, often tracked as an indicator of student engagement and educational access.