Asked by
Beina Jerome
on Oct 25, 2024
Verified
The completion of a degree or course of study is a good labor market signal:
A) only if what is learned in that educational process relates directly to the job the individual is being considered for.
B) only if there is a positive correlation between academic success and wage income.
C) primarily because individuals develop good habits in college that serve them well in other areas later on.
D) because all individuals have the opportunity (in the United States) to pursue higher education.
E) because people who possess the traits that make them more productive in the workplace have an easier time completing an education than those who don't.
Labor Market Signal
Indicators or attributes used by employers to gauge potential employees' productivity or suitability for a job.
Educational Process
The systematic method through which individuals acquire knowledge, skills, and values, typically within an institutional setting.
Academic Success
The achievement of set educational goals, measured through grades, test scores, and completion of educational levels.
- Understand the rationale behind education as a signaling device in the labor market.
Verified Answer
JJ
Learning Objectives
- Understand the rationale behind education as a signaling device in the labor market.