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Economics - Financial Markets
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College graduates earn much more, on average, than high school graduates. Research done in the US finds that high school grads over an adult's working life earn an average of $1.2 million, associate's degree holders earn about $1.6 million, and bachelor's degree holders earn about $2.1 million. According to economists, this difference in earnings is mostly due to __________________ a) compensating differentials b) having network connections c) differences in human capital d)luck
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(C) is the correct answer. What's difficult about it? Each term is explained in Wikipedia.
human capital
Definitely C human capital.
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