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According to the labor supply curve, as the real wage rises,
Nonacademic Intelligence
Refers to practical, everyday skills and abilities outside of formal academic schooling, including emotional, social, and practical intelligence.
Practical Intelligence Scores
Measures of an individual's ability to solve real-world problems by adapting to, shaping, or selecting environments, often contrasting with academic or theoretical intelligence.
Academic Success
Achievement of educational goals, often measured by grades, test scores, graduation rates, or the acquisition of specific knowledge and skills.
Career Success
The achievement of personal work goals and objectives through professional development, personal satisfaction, and advancement in one's job.
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