The distribution of income in Australia has become more unequal in the past decades. One explanation for this trend is that advances in information technologies have _______ low- skilled labour and _______ high- skilled labour.
A) increased the supply of; decreased the supply of
B) increased the demand for; decreased the demand for
C) decreased the demand for; increased the demand for
D) decreased the supply of; increased the supply of
Correct Answer:
Verified
Q97: Q98: The "big tradeoff" refers to the tradeoff Q99: In Australia, income is distributed _ equally Q100: A progressive income tax is defined as Q101: By human capital, economists mean Q103: The public education system is an example Q104: The mean household income is Q105: Because of their higher value of marginal Q106: If a Lorenz curve for income moves Q107: Which of the following is NOT a![]()
A) humans who
A) the average
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