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Workers with Relatively High Levels of Natural Ability Are Quite

question 4

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Workers with relatively high levels of natural ability are quite likely to attend college.This can cause ________ bias when estimating educational returns because ________.


Definitions:

Footnote

A footnote in financial statements is an additional note provided at the bottom of a financial document, offering further explanation or disclosure about the figures presented.

Prior Period Adjustments

Adjustments made to correct errors in previously issued financial statements.

Net Income

The total earnings of a company after subtracting all expenses and taxes from total revenue, indicating profitability.

Net Income

The profit of a company after all expenses and taxes have been deducted from total revenue.

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