In the Spence Education Signaling Model,what Is the Social Value

question 7

Multiple Choice

In the Spence education signaling model,what is the social value of education?

• A) employees improve their ability to perform on the job.
• B) employers can use education as a screen to match talented employees with high-skill jobs.
• C) employers can save the costs of on-the-job training, which is less efficient than a general education.
• D) it allows low-ability employees to apply for high-salary jobs.