Which Theory Would Support the Idea That Education Does Not

question 187

Multiple Choice

Which theory would support the idea that education does not enhance productivity and therefore raising all workers' educational levels would not affect wages?

• A)signaling theory
• B)human-capital theory
• C)physical-capital theory
• D)the efficient-market hypothesis

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Definitions:

Example

A representative instance or case used to illustrate or explain a concept, principle, or process.

Managerial Domination

A situation in which management exercises control or influence over decision-making processes, often at the expense of employee participation.

Co-Operative Programs

Educational or training programs designed to integrate classroom learning with practical work experience in a related field, often involving partnerships between educational institutions and employers.

Underlying Goal

The fundamental objective or purpose that drives an action, strategy, or mission within an organization or individual's efforts.