What causes lower-productivity workers to not go to college

Assignment Help Macroeconomics

Reference no: EM13181913

In the signaling model, assume high school graduates are paid a stream of income whose present value is $200,000. College graduates are paid a stream of income whose present value is X. College education costs higher-productivity workers $50,000 and lower-productivity workers $150,000. What value of X will cause higher-productivity workers to go to college and lower-productivity workers to not go to college?

Reference no: EM13181913

Questions Cloud

What was the implied change in income as a result : In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to co..

How do market forces influence health-care delivery : What are the ways that healthcare insurance is financed, in both the public and private sectors? What are the benefits, eligibility criteria, and financing structure of Medicare, Medicaid, and S-chip programs? Who is responsible for administer..

State what combination of a molecular base : What combination of a molecular base (that is a neutral compound, not an ion!) and a salt of the conjugate acid of that molecular base should you select to prepare a buffer solution that would maintain a pH of 9.00? For full credit, explain

State the solubility product constant of gallic acid : An experiment was performed to determine the solubility and the solubility product constant of gallic acid, a monoprotic organic acid (gmm=170.12). The equilibrium involved is: C6H5O3COOH(s) C6H5O3COO-(aq) + H+(aq)

What causes lower-productivity workers to not go to college : In the signaling model, assume high school graduates are paid a stream of income whose present value is $200,000. College graduates are paid a stream of income whose present value is X. College education costs higher-productivity wo..

State basic and before the equivalence point : 25.0mL of a 0.100M solution of NH3 is titrated with 0.150M HCl. After 10.0mL of the HCl has been added, the resultant solution is: a) basic and before the equivalence point

Find the equilibrium price and quanitity : Find the equilibrium price and quanitity. If the curent pice of te product is $100, what is the quantity supplied and the quantity demanded? How would you describe this situation, and what would you expect to happen in the market?

State what is the osmotic pressure in mmhg : prepared by dissolving 0.798 g of acetic acid in 500 ml of water solution, what is the osmotic pressure, in mmHg at 25 degrees Celsius?

State the s for the system is predicted to be negative : the S for the system is predicted to be negative, so therefore the ?S for the surroundings must be positive to a greater extent so that the the net S for the universe is positive

User Account

All Pages