Education · Economics of Education
Given below are two statements: one is labelled as Assertion (A) and the other as Reason (R). Assertion (A): Human Capital Theory proposes that investment in education yields economic returns similar to physical capital investment. Reason (R): Signaling Theory argues that education primarily serves as a credential to signal pre-existing ability to employers. In light of the above statements, choose the correct answer:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A is false but R is true
- 2A is true but R is false
- 3Both A and R are true, but R is not the correct explanation of A✓
- 4Both A and R are true, and R is the correct explanation of A
Correct answer
Both A and R are true, but R is not the correct explanation of A
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