When Plotting Log Wages (Y-Axis) Against Years of Schooling (X-Axis)

question 30

Multiple Choice

When plotting log wages (y-axis) against years of schooling (x-axis) , the slope of the regression line indicates

• A) the average wage.
• B) the average logged wage.
• C) the average years of schooling.
• D) the economic return to each additional year of schooling measured in dollars.
• E) the economic return to each additional year of schooling measured in percentage terms.

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