Author Question: As the number of years of schooling completed increases, the expected private return and private ... (Read 121 times)

@Brianna17 · **on:** Jun 30, 2018

As the number of years of schooling completed increases, the expected private return and private cost of education

(a) increase at roughly the same rate.
(b) increase at different rates with expected private return increasing at a slower rate than private cost.
(c) increase at different rates with expected private return increasing at a faster rate than private cost.
(d) do not increase.

Question 2

Discuss some of the reasons why economists are concerned about the current recovery from the global financial crisis.

What will be an ideal response?

mceravolo · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

Large trade deficit. Large fiscal deficits in most OECD countries, market perception that risk of sovereign debt default is high, and risk of deflation all contribute to a cautious outlook for the future.