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The Job Competition model essentially suggests which of the following? a. An investment in education increases the skills of an individual. b. Earnings are NOT
The Job Competition model essentially suggests which of the following?
a. | An investment in education increases the skills of an individual. | |
b. | Earnings are NOT a payment for the individual's pre-existing ability and intelligence that education signals. | |
c. | Earnings are a payment for the individual's pre-existing ability and intelligence that education signals. | |
d. | An investment in education does NOT provide any economic benefit to the graduate. |
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