New PhDs in economics entering the job market find that academic jobs (jobs teaching at colleges and
Question:
New PhDs in economics entering the job market find that academic jobs (jobs teaching at colleges and universities) pay about 30 percent less than nonacademic jobs such as working at a bank or a consulting firm. Those who take academic jobs are clearly worse off than those who take nonacademic jobs. Do you agree? Explain your answer.
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While its true that new PhDs in economics often find higher starting salaries in nonacademic jobs compared to academiaits not necessarily accurate to ...View the full answer
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Related Book For 
Principles Of Economics
ISBN: 9781292294698
13th Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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