Asked by Ricardo Ortiz on Jun 22, 2024

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Related to the Economics in Practice on page 239: All else equal, more highly educated people are ________ than those who have less education.

A) less likely to hold stock
B) no more or no less likely to hold stock
C) more likely to hold stock
D) always going to earn more from investing in stock

Highly Educated

Refers to individuals who have received a high level of education, usually at least a university degree.

Stock

A form of security that indicates the holder has proportionate ownership in the issuing corporation.

  • Understand the impact of educational background and family influence on investment decisions and risk-taking capacity.
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DH
Deidra HolmanJun 29, 2024
Final Answer :
C
Explanation :
More highly educated people are generally more likely to hold stock, as education often correlates with higher income and wealth levels, which can increase the likelihood of investing in the stock market. Higher education also often provides better financial literacy, which can make individuals more comfortable with investing in stocks.