According to Age-Earnings Data

question 142

Multiple Choice

According to age-earnings data,

• A) lower-educated workers have similar earnings at age 65 as higher-educated workers.
• B) investments in education result in higher earnings.
• C) high earnings are due to motivation and innate ability, rather than education.
• D) there is no clear relationship between education and worker productivity.

---

Definitions:

Risky Shift

The tendency for a group decision to be riskier than the average decision made by the individual group members.

Altruistic Behavior

Actions intended to benefit others without expectation of reward.

Personally Responsible

Being accountable for one's actions or duties, recognizing one's role in the outcomes of those actions.

Uncertain

A state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.