The existence of ability bias causes estimated rates of


1. The existence of ability bias causes estimated rates of return to education to _______ the actual rate of return for a typical individual.

A. overstate

B. understate

C. correctly state

D. None of the above is correct.

2. The existence of nonpecuniary benefits associated with education causes estimated rates of return to education to _______ the actual rate of return for a typical individual.

A. overstate

B. understate

C. correctly state

D. None of the above is correct.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: The existence of ability bias causes estimated rates of
Reference No:- TGS01112113

Expected delivery within 24 Hours