One Reason That College Graduates Earn Higher Wages Than Non-Graduates

question 81

Multiple Choice

One reason that college graduates earn higher wages than non-graduates is because

• A) college graduation serves as a signal of the individual's productivity.
• B) there are no additional skills learned in college that increase productivity.
• C) college graduates are always less intelligent than non-college graduates.
• D) college graduates are less equipped to deal with technological change, as their skills are technology-specific.

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Definitions:

Employment Benefits

Various non-wage compensations provided to employees in addition to their normal salaries or wages, such as health insurance, pensions, and vacation.

Vacation Time

Authorized absence from work, generally for rest or leisure, granted to employees as a benefit.

Large Law Firm

A law firm with a significant number of attorneys, often having a wide global or national presence and offering a range of legal services.

Small Law Firm

A legal practice with a limited number of attorneys, offering more personalized services and often focusing on a specific area of law.