Question
Which of the following statements regarding the increase in supply of high-skill labor in the United States since 1960 as measured by education level is
Which of the following statements regarding the increase in supply of high-skill labor in the United States since 1960 as measured by education level is not true?
a. |
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b. |
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c. |
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d. | The supply of highly-skilled women to the workforce has increased dramatically since 1960. |
Jen lives in three (3) periods. To improve her annual earnings, she is considering the following investment in human capital:
Attend college in period 1 at a cost of $50,000; upon completion, her expected annual earnings are: $180,000 in periods 2 and 3.
If Jen's "discount rate" is 20%, what is the NPV (Net Present Value) of this human capital investment?
Notes:
1. Do not use the $ when entering your answer.
2. Round your answer to the nearest whole number; for example, $315,300.25 should be entered as 315,300 (without the $ sign).
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