In the signaling theory of education, (i) schooling makes workers more productive in the short-run.
(ii) schooling makes workers more productive in the long-run.
(iii) the worker signals to the employer that he is a valuable employee because he was willing to spend time to get an education.
A) (i) and (ii) only
B) (i) and (iii) only
C) (iii) only
D) (i) , (ii) , and (iii)
Correct Answer:
Verified
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