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Some Take Issue with the Human Capital Argument That Employers

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Some take issue with the human capital argument that employers pay more for college graduates because firms recognize the value of human capital.What are two alternative explanations for why college grads receive higher pay?


Definitions:

Rapid Decomposition

A process where organic matter breaks down at an accelerated rate, resulting in the quick release of nutrients and energy.

Stratified

Refers to a structure or material divided into layers, often used to describe layered deposits in geology or stratified societies in sociology.

Tropical Rain Forest

A hot, moist biome found near the Earth's equator characterized by high biodiversity and dense canopy layers.

Coniferous Forest

A terrestrial biome dominated by coniferous trees, which are evergreens that have needle-shaped leaves and produce cones.

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