Question: 5a. Describe the basic self-selection issue involved whenever discussing the returns to education. Make sure to define what self-selection is. 5b. Some of the most

5a. Describe the basic self-selection issue involved whenever discussing the returns to education. Make sure to define what self-selection is.

5b. Some of the most successful people, like Bill Gates, dropped out of high school or college. Does this contradict your answer in part (5a)? Why or why not?

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