Which theory is supportive of the idea that increasing educational levels for all workers would raise all workers' productivity and thereby their wages
A)the theory of compensating differential
B)the efficient-market hypothesis
C)human-capital theory
D)signalling theory

Question

Quizplus · Accepted Answer

Human-capital theory argues that education and training increase a worker's productivity, which in turn increases their wages. Therefore, increasing educational levels for all workers would raise their productivity and wages.

Which Theory Is Supportive of the Idea That Increasing Educational