If a College Education Did Not Increase Worker Productivity

question 94

Multiple Choice

If a college education did not increase worker productivity,

• A) no one would go to college.
• B) the earnings of workers with a college education would tend to be the same as for workers without a college degree.
• C) the earnings of workers with a college education would still be higher than for those without a college degree.
• D) the earnings of workers with a college education would be lower than for those without a college degree.

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Definitions:

Incremental Cash Flow

The additional operating cash flow that an organization receives from taking on a new project.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.

Capitalization

The total value of all a company's outstanding shares of stock, representing the company's market value.

Reduce Uncertainty

The process of implementing strategies or actions to decrease the level of uncertainty or unpredictability associated with decision-making or future outcomes.