Unemployment and Earnings for Workers 25 and older by Educational Attainment, 2006

Unemployment and Earnings for Workers 25 and older by Educational Attainment, 2006

Unemployment Rate (Percent)	Educational Degree	Median Weekly Earnings (U.S. Dollars)
1.4	Doctoral Degree	1,441
1.7	Master’s Degree	1,140
2.3	Bachelor’s Degree	962
3.0	Associate Degree	721
3.9	Some College	674
4.3	High School Graduate	595
6.8	Some High School	419

60. The information on the preceding table indicates

a. the higher the educational level, the higher the pay.

b. there is a negative return to investment in education.

c. the level of educational degree does not matter, it is whether you have a degree or not.

d. unemployment rates increases as you increase educational attainment level.

(a) Difficult/Evaluation

Unemployment and Earnings for Workers 25 and older by Educational Attainment, 2006

Unemployment Rate (Percent)	Educational Degree	Median Weekly Earnings (U.S. Dollars)
1.4	Doctoral Degree	1,441
1.7	Master’s Degree	1,140
2.3	Bachelor’s Degree	962
3.0	Associate Degree	721
3.9	Some College	674
4.3	High School Graduate	595
6.8	Some High School	419

61. Which is likely, given the data in the preceding table?

a. The more training an individual has, the more financial success he enjoys.

b. There is a negative financial return to higher-level degree attainment.

c. Unemployment levels increase as educational level increases.

d. Financially, there is little incentive to achieve a higher-level degree.

(a) Difficult/Synthesis

62. Tom Peters, management expert, suggests individuals manage themselves as if they were “the brand that is you.” Such brand management might include all of the following suggestions EXCEPT

a. appreciate new technology.

b. avoid uncertainty.

c. master something.

d. network.

(b) Medium/Comprehension

63. To be effective in keeping up your skill set in the future, make sure to

a. purchase and use every new technological gadget that comes out on the market.

b. make as many connections as you can on Facebook, MySpace or LinkedIn.

c. avoid change as much as you can.

d. excel at something so it sets you apart.

(d) Difficult/Synthesis

64. Journaling is an effective developmental technique. Which of the following is true about the process of journaling?

a. Writing your thoughts down increases your stress level as you re-live the events you write about.

b. Thinking about your day is as effective as writing it down.

c. You must write down your thoughts a minimum of 30 minutes a day to derive any benefits from the process.

d. Tracking changes in yourself can be motivating.

(d) Medium/Analysis

65. Which of the following is accurate according to OB research?

a. We all have excellent perception and readily attend to those things we should and ignore those we should not.

b. We all understand and use the logical approach to decision making.

c. People perform better if goals are difficult rather than easy.

d. Brainstorming in a group is more effective than brainstorming alone.

(c) Difficult/Synthesis