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Time Out of the Labor Force Reduces Current Earnings as Well

Question 15

Multiple Choice

Time out of the labor force reduces current earnings as well as future earnings.This suggests that


A) general training does not exist.
B) on-the-job experience is a form of human capital.
C) firms will not invest in specific job training.
D) workers never willingly exit the labor force when young.
E) productivity is unrelated to job experience.

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