1. A) Empircal research has determined that, when compared with secondary and tertiary education, primary education: a. Has the highest rate of return b. Has a higher rate of return than secondary education, but lower than tertiary c. Has the lowest measured rate of return d. Has the same rate of return as secondary and tertiary education

1. A) Empircal research has determined that, when compared with secondary and tertiary education, primary education: a. Has the highest rate of return b. Has a higher rate of return than secondary education, but lower than tertiary c. Has the lowest measured rate of return d. Has the same rate of return as secondary and tertiary education

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 22CTQ: Over the past 50 years, many countries have experienced an annual growth rate in real GDP per capita...

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