Which of the Following Theories Explains Why Increased Education Translates

question 74

Multiple Choice

Which of the following theories explains why increased education translates into higher wages? (i) human-capital theory
(ii) the theory of compensating differentials
(iii) signaling theory

• A)(i) only
• B)(i) and (ii)
• C)(i) and (iii)
• D)(i), (ii), and (iii)

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