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Peregrinus Peregrinus
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6 years ago
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

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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6 years ago
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