Which of the Following Statements Is TRUE

question 8

Multiple Choice

Which of the following statements is TRUE?

• A) Evidence suggests that schooling raises earnings only by raising productivity.
• B) Sheepskin effects are consistent with signaling.
• C) The sheepskin effect refers to evidence that students with a four-year college degree earn no more than students with four years of college but no degree.
• D) The effects of signaling are the smallest for recent graduates who are just starting to work.

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Definitions:

Real Estate

Property consisting of land and the buildings on it, along with its natural resources and rights.

Legal Position

A statement or principle of law that pertains to a particular factual situation, representing an argument or standpoint in legal proceedings.

Principal's Right

The authority or entitlements a principal has in a legal or contractual relationship, especially in relation to an agent acting on their behalf.

Ratify

To formally confirm or approve an act, agreement, or treaty, making it officially valid.