Suppose that the country of Libraria made a concerted effort to increase the educational level of its people.If this effort had no effect on the wages of its workers,one might consider this as evidence in support of which of the following

Question

Quizplus · Accepted Answer

The signalling view of education suggests that education serves as a signal to employers of a worker's ability, rather than directly increasing productivity. If wages do not increase with higher education levels, it supports the idea that education is not enhancing productivity but merely signalling pre-existing abilities.

Suppose That the Country of Libraria Made a Concerted Effort