Multiple Choice
An economist assumes while educated persons have lower informational costs to moving,younger adults have lower psychic costs of moving.Which of the following observations (if true) would support this assumption?
A) Among people with the same education, we observe younger persons moving only if there is a large wage gain from moving.
B) Among people of the same age, we observe less educated persons moving only if there is a large wage gain from moving.
C) Both A and B support the assumption.
D) Neither A nor B support the assumption.
Correct Answer:
Verified
Correct Answer:
Verified
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