Multiple Choice
Which theory would support the idea that education does not enhance productivity and therefore raising all workers' educational levels would not affect wages?
A) signaling theory
B) human-capital theory
C) physical-capital theory
D) the efficient-market hypothesis
Correct Answer:
Verified
Correct Answer:
Verified
Q6: The fact that doctors are paid more
Q124: A cutting-edge biotech firm is hiring recent
Q159: Explain the role of job experience in
Q184: Workers with more human capital on average
Q186: In discussing discrimination and the wage differences
Q188: How does the theory of efficiency wages
Q190: In general, the higher a person's education
Q191: In the early 20th century, segregation of
Q192: Discrimination by a manager in the hiring
Q217: Suppose that a company hires recent college