Economists have proposed which of the following as contributing to the rising wage gap between skilled and unskilled workers?
A)decreasing international trade
B)technological improvements in capital stocks
C)the increasing role of unions in setting skilled wage scales
D)skilled workers are doing jobs that are increasingly dangerous

Question

Quizplus · Accepted Answer

Technological improvements in capital stocks have led to increased demand for skilled workers who are able to operate and maintain advanced machinery and technology. This has resulted in a higher wage premium for those with advanced technical skills, while the wages of unskilled workers have stagnated or decreased.

Economists Have Proposed Which of the Following as Contributing to the Rising