Which of the following is not believed to cause recent increases in wage inequality?
A)international trade
B)contractionary monetary policy
C)skill-biased technological progress
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

Contractionary monetary policy is not believed to cause recent increases in wage inequality. International trade and skill-biased technological progress are both considered factors that contribute to wage inequality. Therefore, option D is also eliminated as it includes all of the above options. Option E is also not the best choice, as it suggests that all options contribute to the recent increases in wage inequality.

Which of the Following Is Not Believed to Cause Recent