Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4) (2 ptsJ The calculations in {3] may understate the difference in earnings between high school and college graduates if college graduates spend less time

image text in transcribed
4) (2 ptsJ The calculations in {3] may understate the difference in earnings between high school and college graduates if college graduates spend less time unemployed. Note that the reported median earnings were for yearrou nd, fulltime workers. What is the definition of a \"fear-Round, FullTime. Year Round worker" used by the BLS? {how many hours worked? How many weeks?}. Cite your source for this infomotion. A full-time worker according to the IRS website must work an average of at least thirty hours per week, or one hundred thirty hours per service month. The employer determines if the employee is fulltime or not based on the total amount of hours worked in the total month ("Identifying Full-time, " 2121213}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economics Of Inequality

Authors: Thomas Piketty, Arthur Goldhammer

1st Edition

0674504801, 9780674504806

More Books

Students also viewed these Economics questions