Technological change ________ the demand for high-skilled workers and ________ the demand for low-skilled workers.As a result,income inequality ________.

Question

Quizplus · Accepted Answer

Technological change increases the demand for high-skilled workers and decreases the demand for low-skilled workers. This leads to income inequality increasing, as high-skilled workers receive higher wages due to their increased demand, while low-skilled workers are left with fewer job opportunities and lower wages.

Technological Change ________ the Demand for High-Skilled Workers and ________

Technological Change the Demand for High-Skilled Workers and