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Up Until the Late 1980's, the Ratio of Earnings of University

question 18

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Up until the late 1980's, the ratio of earnings of university graduates to the earnings of those who left after secondary school declined.However, during this period equilibrium quantity of employed university graduates also increased.What could explain this outcome?


Definitions:

Intelligence Scores

Quantitative measures assessing cognitive abilities and potential, typically obtained through standardized testing.

Genetic Influences

The effects that the genetic makeup of an individual has on their traits and behaviors.

SES Groups

Refers to socioeconomic status groups, categorizing individuals or families based on income, education, and occupational status.

Heritability Ratios

Heritability ratios are statistical estimates that indicate how much of the variation in a specific trait within a population can be attributed to genetic differences.

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