Human capital and signalling theories of education

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1. Job A pays $30,000 a year.  Job B is completely identical in all aspects except it is located in an area that has a 10% higher cost of living.  In order to compete, Job B would need to pay _____________________. This is known as a __________________________________.

2. Explain the difference between the human capital and signalling theories of education.

3. Briefly describe each of the 4 main pieces of labor legislation.

Reference no: EM13695115

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