Question

1. 		workers with higher levels of education tend to earn higher wages.
   		given the individual’s discount rate, the present value of the benefits of the investment are greater than or equal to the present value of the costs of the investment.
   		The internal rate of return associated with the investment is positive.
   		All of these.

QUESTION 32

1. Holding all else constant, workers in industries that pay higher wages have lower quit rates. This finding is consistent with the view that

   		quits are a form of worker-initiated mobility.
   		workers make mobility decisions based on costs and benefits.
   		a low quit rate is a reliable sign of an above-equilibrium wage.
   		all of these

QUESTION 33

1. Holding all else constant, higher rates of geographic mobility are exhibited by

   		older workers.
   		married couples
   		highly educated workers.
   		both older and married workers

Answer 1

Answer-1 Correct option is 'D'

Workers with higher levels of education tend to earn higher wages :

1) Given the individual’s discount rate, the present value of the benefits of the investment are greater.

2) Than or equal to the present value of the costs of the investment.

3) The internal rate of return associated with the investment is positive.

Answer-2 Correct option is 'D'

Holding all else constant, workers in industries that pay higher wages have lower quit rates. This finding is consistent with the view that :

1) quits are a form of worker-initiated mobility.

2) workers make mobility decisions based on costs and benefits.

3) a low quit rate is a reliable sign of an above-equilibrium wage.

Answer-3 Correct option is 'C'

Holding all else constant, higher rates of geographic mobility are exhibited by highly educated workers. For higher wages, education facilities, living standard and medical facility, highly educated workers move from rural areas to uraban areas.