Multiple Choice
Education has an impact on labour supply because:
A) students choose university programs based on the consumption benefits they will receive
B) it is costly and time-consuming
C) it exhausts students who later do not have the energy to look for employment
D) the opportunity cost of education is zero since government institutions subsidize the cost
E) college and university graduates find it more difficult to acquire jobs than do those without any postsecondary education
Correct Answer:
Verified
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