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Use the Table, with Data for Workers and Businesses, to Answer

Question 90

Multiple Choice

Use the table, with data for workers and businesses, to answer the question. The payoff cells are labeled A, B, C, and D  Table: High Wage or Low Wage?  Businesses create unskilled  jobs.  Businesses create skilled  jobs.  Workers don’t get training.  A. A low-skilled labor market  B. A shortage of skilled  workers  Workers get training.  C. A shortage of skilled jobs  D. A high-skilled labor  market { \text { Table: High Wage or Low Wage? } } \\\begin{array} { | l | l | l | } \hline & { \begin{array} { c } \text { Businesses create unskilled } \\\text { jobs. }\end{array} } & { \begin{array} { c } \text { Businesses create skilled } \\\text { jobs. }\end{array} } \\\hline \text { Workers don't get training. } & \text { A. A low-skilled labor market } & \begin{array} { l } \text { B. A shortage of skilled } \\\text { workers }\end{array} \\\hline \text { Workers get training. } & \text { C. A shortage of skilled jobs } & \begin{array} { l } \text { D. A high-skilled labor } \\\text { market }\end{array} \\\hline\end{array} Which of the following would help lead to D, the best outcome?


A) Businesses continue to assume that workers will not get training, since that's been the pattern in the past.
B) The government enacts a program that provides unskilled workers with supplemental income.
C) The company announces in advance that it will hire only skilled workers.
D) Resource ownership becomes common ownership.

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