A signaling theory of education suggests that
a. people who attend college are more likely to capture a "beauty premium."
b. education is a signal of social status.
c. education does not necessarily increase productivity.
d. education will sever the link between innate ability and compensation.
c
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The savings of individuals or corporations within a country is called:
A. private savings. B. public savings. C. national savings. D. real GDP.
"The unemployment rate is five percent" is an example of a normative statement
Indicate whether the statement is true or false
People who run businesses on a day-to-day basis are called:
A. engineers. B. technology experts. C. business managers. D. entrepreneurs.
Through specialization and international trade, a nation
What will be an ideal response?