According to the earning equation developed by Mincer, which of the following items must have positive relationship with one’s earning? A. Year of schooling B. Year of working C. Number of family members D. A & B E. All of the above

Principles of Economics 2e
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Chapter22: Inflation
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Problem 28CTQ: Why do you mink the U.S. experience with inflation over the last 50 years has been so much milder...
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According to the earning equation developed by Mincer, which of the following items
must have positive relationship with one’s earning?
A. Year of schooling
B. Year of working
C. Number of family members
D. A & B
E. All of the above

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