The distribution of income in the United States became more unequal in the 1990s. One explanation for this trend is that advances in information technologies have ________ low-skilled labor and ________ high-skilled labor.
A) decreased the demand for; increased the demand for
B) increased the demand for; decreased the demand for
C) decreased the supply of; increased the supply of
D) increased the supply of; decreased the supply of
Correct Answer:
Verified
Q153: Welding has changed dramatically over the last
Q154: Computers and laser scanners are _ for
Q155: Because of their higher value of marginal
Q156: The demand curve for low-skilled labor lies
Q157: The supply curve for high-skilled labor lies
Q159: Relative to the supply curve of high-skilled
Q160: The median wage among physicians is over
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