Over the past several years, the earnings gap between high-skilled and low-skilled workers has (i)
Narrowed because the demand for unskilled labor has risen over time relative to the demand for skilled labor.
(ii)
Widened because the demand for skilled labor has risen over time relative to the demand for unskilled labor.
(iii)
Narrowed because the supply of unskilled labor has risen over time relative to the supply of skilled labor.
(iv)
Widened because the supply of skilled labor has risen over time relative to the supply of unskilled labor.
A) (i) only
B) (ii) only
C) (i) and (iii) only
D) (ii) and (iv) only
Correct Answer:
Verified
Q313: Which of the following could explain the
Q314: In empirical analyses of factors that help
Q315: Which of the following does not describe
Q316: Economists have found evidence that differences in
Q317: When robots are used to replace workers
Q319: Which of the following scenarios would serve
Q320: Economists who study labor markets have documented
A)a
Q321: Hunter is an ambitious, competitive person who
Q322: The "beauty premium" can be explained by
Q323: Tom and Eric went to trade school
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents