If the Signaling Theory of Education Is Correct

question 158

Multiple Choice

If the signaling theory of education is correct,

• A)workers with more years of formal schooling will earn less than workers with fewer years of formal schooling.
• B)additional years of formal schooling do not increase a worker's productivity.
• C)workers with more years of formal schooling are less likely to be affected by ability, effort, and chance.
• D)men are more likely to earn more than women because men are more likely to have graduated from college.

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Definitions:

Adjusting Journal Entry

A record created at the conclusion of a financial period to distribute revenues and expenses to their relevant period.

Accrued Interest

The amount of interest that has accumulated on a loan or investment but has not yet been paid or received.

Advisory Services

Professional services that provide expert advice to businesses or individuals in areas such as finance, management, strategy, or operations.

Office Supplies

Items such as pens, paper, staplers, and scissors, which are used regularly in an office environment for various tasks.