Human capital theory has been said to accurately predict which of the following trends in the labour market?

Question

Quizplus · Accepted Answer

Human capital theory predicts that those with higher levels of education will have higher incomes and lower levels of unemployment. This is because education is seen as an investment in one's skills and knowledge, which can lead to greater productivity and therefore higher wages. The other options are not necessarily predicted by human capital theory. While it is true that men with university education tend to make more than women with the same education (option A), this is not necessarily because of human capital factors but can also be attributed to social and institutional factors such as discrimination. Similarly, option B may be influenced by factors such as language barriers and credential recognition rather than solely by human capital factors. Option C is a general statement and does not necessarily align with human capital theory. Option E is a trend that may be influenced by various factors including advancements in technology and changes in work cultures, but it is not directly related to human capital theory.

Human Capital Theory Has Been Said to Accurately Predict Which