Question

True or false and explain. The signaling model of education suggests that the government shouldinvest a lot in supporting public education.

Answer 1

it's false.signaling theory suggests that education may not increase a society.'s total economic productivity rather than instilling skills,here approach to education considers how education act as a signal of ability.signaling in education suggests productivity is independent of education, but education act as a credential for greater ability.in this case the only function of higher education is signaling your ability..signaling models allow firms to draw inferences about unobserved characteristics of workers..those inferences can be based on the schooling or work experience of workers, or on direct measures of some aspects of job perfomance