Given What You Know About Gender Differences in Educational Attainment

question 35

Multiple Choice

Given what you know about gender differences in educational attainment, which of the following scenarios is most likely?

• A) Jane is more likely than Bob to earn her bachelor's degree.
• B) Bob is more likely than Jane to earn his PhD.
• C) Jane is more likely than Bob to earn her PhD.
• D) Bob is more likely to attend a two-year college than Jane.

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Definitions:

Leisure

Free time available to a person away from duties, work, or other compulsory activities.

Nonlabor Income

Income received that does not originate from employment or work efforts, such as dividends, interest, or rental income.

Wage Rate

The amount of money that is paid to a worker per unit of time or per unit of output, often discussed in the context of labor markets.

Budget Equation

A mathematical representation of the constraint that the total value of goods and services a consumer can purchase is limited by their income.