Which theory is supportive of the idea that increasing educational levels for all workers would raise all workers' productivity and therefore their wages?
A)The theory of compensating differentials
B)The efficient-market hypothesis
C)Human-capital theory
D)Signaling theory

Question

Quizplus · Accepted Answer

Human-capital theory posits that investments in education and training increase the productivity of workers, which in turn should lead to higher wages. This theory supports the idea that raising educational levels for all workers would enhance their productivity and thus their wages.

Which Theory Is Supportive of the Idea That Increasing Educational