What Theory Suggests That Learning Material on Your Own Would

question 3

Multiple Choice

What theory suggests that learning material on your own would not generate the same benefits as those achieved by formally attending classes and receiving a degree?

• A) human capital
• B) signal
• C) compensating differentials
• D) winner-take-all
• E) efficiency wage

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Definitions:

Ledger Accounts

Financial records that provide a detailed account of all the transactions related to a particular item over a period.

Journal

A book or electronic record where all transactions are recorded in chronological order.

Chronological Record

A documentation method in which events or transactions are recorded in the order that they occurred.

Assets

Resources owned by a company that have economic value and can be converted into cash.