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Suppose the wages of both high school and college graduates decrease by $2,000 per year. In response ...

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Suppose the wages of both high school and college graduates decrease by $2,000 per year. In response ...

Suppose the wages of both high school and college graduates decrease by $2,000 per year. In response to the opportunity cost, the number of people attending college will consequently ________, while in response to the earnings differential between high school and college graduates, college enrollments will ________.
A) increase; decrease
B) increase; increase
C) increase; remain unchanged
D) decrease; remain unchanged

Textbook

Modern Labor Economics: Theory and Public Policy

Edition: 12^th

Authors: Ehrenberg, Smith

Read 139 times

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MattV

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Peregrinus Author

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Thanks

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Good timing, thanks!

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