Suppose that the demand for college-educated workers grows at only 2.6 percent per year in the first
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Suppose that the demand for college-educated workers grows at only 2.6 percent per year in the first decades of the twenty-first century, as compared to 4.1 percent per year in the 1980s. If the growth in the supply of college-educated workers doesn’t change, what prediction would you make about the college wage premium in 2010 versus 1985? Explain your answer.
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Related Book For
Principles Of Microeconomics: The Way We Live First
ISBN: 9781000639810
1st Edition
Authors: Feigenbaum S.K., Hafer R.W.
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