Asked by Sherwin Sanpedro on May 22, 2024
Verified
Data on education and earnings reveal:
A) negative age-earnings profiles for male workers.
B) no relationship between the two.
C) a positive relationship between the two.
D) a negative relationship between the two.
Education and Earnings
A principle indicating that higher levels of education lead to higher earnings over one's lifetime due to the acquisition of specialized skills and knowledge.
Positive Relationship
A correlation where two variables move in the same direction, meaning that as one variable increases, the other also increases.
- Understand the impact of educational investments on future income and work efficiency.
Verified Answer
JF
Julianna FrancoMay 27, 2024
Final Answer :
C
Explanation :
There is a positive relationship between education and earnings, which means as education level increases, so do earnings.
Learning Objectives
- Understand the impact of educational investments on future income and work efficiency.