A signaling theory of education suggests that educational attainment

a. is a signal of high marginal productivity.
b. is correlated with natural ability.
c. increases the productivity of low-ability workers.
d. Both a and b are correct.

d

Economics

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When increased government spending results in decreased consumer or business spending, the government spending is said to be crowding out the consumer and business spending

Indicate whether the statement is true or false

Economics

If a curve rises and then falls, it shows a

A) maximum. B) minimum. C) linear relationship. D) constant slope relationship.

Economics