A skill-biased technological change is likely to ________.

Question

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Skill-biased technological change refers to technological progress that increases the demand and wages for skilled workers relative to unskilled workers. Therefore, it is likely to increase the wage of skilled labor (Option A) and decrease the demand for unskilled labor (which may lead to a decrease in the wage for unskilled labor, but that option is not listed). Option B, which suggests an increase in the wage for unskilled labor, is contradicted by the concept of skill-biased technological change. Option D may be true in general but is not a consequence of skill-biased technological change specifically.

A Skill-Biased Technological Change Is Likely to ________