In educational economics, what does the term "rate of return to education" refer to? a) The percentage of students who complete their education b) The increase in income or earning potential associated with additional years of education c) The cost of educational resources per student d) The number of schools or universities in a given region

In educational economics, what does the term "rate of return to education" refer to? a) The percentage of students who complete their education b) The increase in income or earning potential associated with additional years of education c) The cost of educational resources per student d) The number of schools or universities in a given region

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.1: The Basic Problem In Economics

Problem 5R

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