Choose the correct option regarding the earnings of economics majors.
A)A person who majors in economics,completes a Ph.D. ,and gets a job as an economist would expect to earn about $250,000 by mid-career.
B)Graduates in economics can generally expect to earn more than graduates in sociology or business.
C)Market research analysts and financial analysts can generally expect to earn more at mid-career than a person with a Ph.D.in economics.
D)The Web resource payscale.com reports that the pay range for economists is between $25,000 and $250,000.
E)Economists who work in finance,insurance,and government jobs earn less than other economists on average.

Question

Quizplus · Accepted Answer

According to data from the Federal Reserve Bank of New York, economics majors earn a higher median salary than graduates in sociology or business. However, it is important to note that earnings can vary greatly depending on job location, industry, and level of education.

Choose the Correct Option Regarding the Earnings of Economics Majors