Table 14.1 Incomes in Pololand
-Changes in labor demand can result from changes in either product demand or the capital-labor mix.During the 1980s,
A) changes in product demand were more influential due to changes in import-export ratios.
B) changes in product demand were more influential due to changes in income levels.
C) changes in capital-labor mixes were more important.
D) changes in both areas were of roughly equal importance.
Correct Answer:
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Q11: Since 1980 the real wages of unskilled
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Q14: If a number of new workers enter
Q16: Much of the recent growth in income
Q17: Table 14.1 Incomes in Pololand
Q18: The earnings and employment of those with
Q19: Technological change
A) is the equivalent of a
Q20: Table 14.1 Incomes in Pololand
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