--%>
Assignment Help - homework help

Average Benefits in Human Capital and Wage Differentials

Throughout the past 50 years in the United States, there the average gains in lifetime income related along with having a college degree in addition to a high school diploma have: (1) declined since the larger proportion of the population that is college educated has increased dramatically, causing diminishing returns to education to turn into ever stronger. (2) increased markedly, in part because less-skilled American workers face still-increasing competition as the process of globalization proceeds. (3) declined due to increased “outsourcing” of American jobs to well educated foreigners. (4) increased since employers increasingly screen depends solely on educational credentials.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Managerial Economics

  • Q : Illustrates the plethora of definitions

    Illustrates the plethora of definitions regarding subject matter of economics?

    		•
  • Q : How is the Demand forecasting important

    How is the Demand forecasting important?

    		•
  • Q : Explain the external economies of scale

    Explain the external economies of scale.

    		•
  • Q : Purely competitive labor markets in

    When all labor were fundamentally very similar then, in long run equilibrium for purely competitive labor markets as: (w) money wages will be equal for all workers. (x) the net advantages of working in various occupations will be equa

    		•
  • Q : Explain the meaning of Elasticity

    Explain the meaning of Elasticity?

    		•
  • Q : Illustrates the major objectives of

    Illustrates the major objectives of demand analysis?

    		•
  • Q : Diminishing Marginal Productivity of

    Workers tend to be less productive at the margin like they work along with increasingly huge amounts of: (w) physical capital. (x) personal human capital. (y) technology which makes them narrow specialists. (z) labor from other people on an assembly line.

  • Q : Average Variable Cost Profit

    A purely competitive firm which hires more workers while the value of the marginal product of labor increases above the competitively set wage rate will absolutely experience increases in its: (i) overhead costs. (ii) profit per unit.

    		•
  • Q : Marginal revenue product and marginal

    When the marginal revenue product of the last worker hired through a large firm is fewer than its marginal resource cost, in that case the firm: (i) increases profits if this lies off a few workers. (ii) operates in a region of decrea

    		•
  • Q : Less elastic demand for a resource At

    At any price of, the demand for a resource is fewer elastic the: (w) easier this is to substitute other resources for this. (x) harder this is to substitute other resources for this. (y) more elastic the demand for the output this produces. (z) greate

    		•