Suppose employers sort employment applications into high-ability and low-ability people based on the attainment of a university degree.  This would provide evidence in support of which of the following?   Question 32 options:   the principle that education enhances marginal productivity   the signalling theory of education   the neoclassical principle that most business owners are more interested in discriminating against a particular group than in maximizing profits   the human-capital theory of education

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical
Section: Chapter Questions
Problem 7E
icon
Related questions
Question
Suppose employers sort employment applications into high-ability and low-ability people based on the attainment of a university degree.  This would provide evidence in support of which of the following?
 

Question 32 options:

 
the principle that education enhances marginal productivity
 
the signalling theory of education
 
the neoclassical principle that most business owners are more interested in discriminating against a particular group than in maximizing profits
 
the human-capital theory of education
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Signaling
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning