Differences in Wages Between Highly Educated Workers and Less Educated

question 12

Multiple Choice

Differences in wages between highly educated workers and less educated workers are most likely to be considered:

• A)unfair by all economists
• B)completely fair by everyone
• C)a compensating differential for the cost of becoming educated
• D)a signal that the market is indifferent to a worker's level of human capital

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Definitions:

Recursive Method

A method in programming that calls itself in order to solve a problem by breaking it down into smaller sub-problems.

Return a Value

In programming, the process of sending a value back to the calling function as the result of a function call.