Imagine that someone offered you a choice: You could spend four years studying at the
Chapter 19, Problem Problems and Applications 19.5(choose chapter or problem)
Imagine that someone offered you a choice: You could spend four years studying at the worlds best university, but you would have to keep your attendance there a secret. Or you could be awarded an official degree from the worlds best university, but you couldnt actually attend. Which choice do you think wouldenhance your future earnings more? Whatdoes your answer say about the debate oversignaling versus human capital in the role ofeducation?
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