Say that in a country the return to schooling is 10% each year for the first four years of school and then 5% each year for the remaining years. Also, say that 40% the population goes to school for 3 years and 60% for 6 years. What share of wages is due to schooling?

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%

Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.