New PhDs in economics entering the job market find that
Question and Solution
New PhDs in economics entering the job market find that academic jobs (jobs teaching at colleges and universities) pay a
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New PhDs in economics entering the job market find that academic jobs (jobs teaching at colleges and universities) pay about 30 percent less than nonacademic jobs such as working at a bank or a consulting firm. Those who take academic jobs are clearly worse off than those who take nonacademic jobs. Do you agree? Explain your answer
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