Related to the Economics in Practice on p. 128: Compared to students who graduate college and obtain employment during a recession, students who graduate during an economic expansion often find that starting wages are ________ and wage growth is ________.
A) lower; slower
B) lower; faster
C) higher; slower
D) higher; faster

Question

Quizplus · Accepted Answer

Students who graduate during an economic expansion often find that starting wages are higher due to the increased demand for labor, and wage growth is faster as the positive economic conditions continue to improve their earnings potential over time.

Related to the Economics in Practice on P