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b) Which of the following explanations for the patterns in the table are best supported by the data? Why? Explain, using a supply/demand graph for
b) Which of the following explanations for the patterns in the table are best supported by the data? Why? Explain, using a supply/demand graph for the effect of each of the following explanations on the rate of return to schooling for blacks. 1) Discrimination forces blacks into low wage jobs; that is, firms are reluctant to employ high skill blacks. 2) Obtaining schooling is especially difficult for blacks
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