High skilled labor and information technology are ________ while low skilled labor and information technology are ________.
A) complements; substitutes
B) substitutes; substitutes
C) substitutes; complements
D) complements; complements
Correct Answer:
Verified
Q140: In the U.S. in 2016 the percentage
Q141: High-skilled workers earn more than low-skilled workers
Q142: In recent years, information technology such as
Q143: Suppose there are two types of labor,
Q144: Information technologies _ the demand for low-skilled
Q146: Because skills are costly to obtain, at
Q147: Information technologies are a _ for low-skilled
Q148: Relative to the demand curve for low-skilled
Q149: The wage rate for high-skilled labor is
Q150: Welding has changed dramatically over the last
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