The rate of return on an investment in medical education A is inversely related

Question

The rate of return on an investment in medical education

A is inversely related to the length of time spent in formal schooling.

B is inversely related to income.

C will increase with an increase in the availability of student loans.

D is much higher than the rate of return on an undergraduate business degree.

is inversely related to the number of years in the profession.

A is inversely related to the length of time spent in formal schooling.

B is inversely related to income.

C will increase with an increase in the availability of student loans.

D is much higher than the rate of return on an undergraduate business degree.

is inversely related to the number of years in the profession.

Explanation / Answer

The answer is C)

Due to high cost of medical education students loans are difficult, If they increase then return also increases because people can pursue education in first place.

It is inversely related to time spent on formal schooling, This is just beacause the time you spent is school is loosing money.

All the other options seems to be wrong it is not inversely related to income, Cannot be because if income is lower rate of return also gets lower

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