If a high school graduate decides to pursue a degree in ancient philosophy rather than in accounting,he/she:
A) has a zero opportunity cost for education
B) views post-secondary education primarily as an investment in human capital, assuming skills and knowledge attained will be greater through the study of accounting
C) prefers receiving a dollar in purchasing power now rather than in the future
D) prefers math to literature
E) views post-secondary education primarily as a consumption item
Correct Answer:
Verified
Q62: According to Statistics Canada,the distribution of income
Q63: A worker's labour productivity will tend to
Q64: Data on education and earnings reveal:
A)no relationship
Q65: Expenditures on education are regarded as investments
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