Asked by Chloe Cluchey on May 20, 2024
Verified
The earnings of highly educated workers:
A) rise more slowly than those of less-educated workers.
B) rise more rapidly than those of less-educated workers.
C) rise at about the same rate as those of less-educated workers.
D) stagnate earlier than do those of less-educated workers.
Highly Educated Workers
Individuals who have attained a high level of education, often holding college degrees or higher, which usually results in specialized skills.
Less-Educated Workers
Workers with lower levels of formal education, often facing different employment opportunities and wage scales compared to more educated workers.
- Understand the influence of human resources on income and efficiency within the workforce market.
Verified Answer
SG
Shruthi GurumurthiMay 26, 2024
Final Answer :
B
Explanation :
Highly educated workers tend to earn higher salaries and have access to more lucrative career opportunities than less-educated workers. As a result, their earnings tend to rise more rapidly over time, particularly if they continue to acquire new skills and advance in their careers. This is supported by research that shows that individuals with advanced degrees tend to earn significantly more than those without such credentials, even after controlling for other factors such as work experience and job type.
Learning Objectives
- Understand the influence of human resources on income and efficiency within the workforce market.
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