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BrendanOO7 BrendanOO7
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6 years ago
In the signaling model, assume high school graduates are paid a stream of income whose present value is $200,000. College graduates are paid a stream of income whose present value is X. College education costs higher-productivity workers $50,000 and lower-productivity workers $150,000. What value of X will cause higher-productivity workers to go to college and lower-productivity workers to not go to college?
A) $225,000
B) $475,000
C) $700,000
D) $275,000
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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thanhtanrx789thanhtanrx789
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BrendanOO7 Author
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6 years ago
This helped my grade so much Perfect
jmendoza
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Smart ... Thanks!
cartoon
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This site is awesome
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