Some Take Issue with the Human Capital Argument That Employers

question 108

Essay

Some take issue with the human capital argument that employers pay more for college graduates because firms recognize the value of human capital.What are two alternative explanations for why college grads receive higher pay?

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Definitions:

Long-Term Potentiation

An enduring increase in signal transmission between neurons that results from stimulating them simultaneously, believed to be a mechanism behind learning and memory.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.

Retrieval Cue

Stimuli or signals that help in the recall of information stored in long-term memory.

Freshly Baked Bread

Bread that has been recently baked, characterized by its warm temperature and pleasant aroma.