Which of the Following Statements Best Explains How Education Decreases

question 79

Multiple Choice

Which of the following statements best explains how education decreases job competition?

• A)
• Earnings vary by occupation even with the same major field of study.
• B) By expanding a person's intellectual horizons, education increases earnings.
• C) Education teaches children how to get along with others and prepare them for adult economic roles.
• D) Educational institutions create social networks that can lead to jobs or business opportunities.
• E) The more time that young adults spend in school, the longer the jobs of older workers are safe.

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Definitions:

NAFTA

The North American Free Trade Agreement linking Canada, the United States, and Mexico in an economic alliance.

United Kingdom

A sovereign country located off the northwestern coast of mainland Europe, comprising England, Scotland, Wales, and Northern Ireland.

Most Favoured Nation Status

A status that gives a trading partner most favorable treatment for imports and exports.

Quotas

are set limits or targets that need to be achieved within a specified timeframe, commonly used in sales, production, and policy implementation.