Empirical evidence based on analysis of education attainment suggests that:

Question

Quizplus · Accepted Answer

The empirical evidence suggests that education does increase the marginal productivity of workers, which in turn increases their wages. Option A is incorrect as innate ability is not the only determinant of wages. Option B is also incorrect as there is an evidence that compulsory schooling laws have positive impact on education attainment. Option C is incorrect as while signaling theory does explain some part of wages, it cannot be applied to all wages.

Empirical Evidence Based on Analysis of Education Attainment Suggests That