Multiple Choice
In order to use schooling as a signal,
A) the signal must be costlier for low-skilled workers than for high-skilled workers.
B) the cost of purchasing the signal must not be so costly that high-skilled workers do not value obtaining it.
C) firms must be able to easily verify each worker's amount of schooling.
D) some people must choose to not complete schooling.
E) All of these are required for schooling to serve as a signal.
Correct Answer:

Verified
Correct Answer:
Verified
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