In recent years, the ratio of earnings of the typical Australian university graduate to the earnings of the typical high-school graduate without additional education has:

Question

Quizplus · Accepted Answer

The demand for skilled labor has increased relative to the demand for unskilled labor, leading to an increase in the earning ratio of university graduates compared to high school graduates without additional education. This is due to the fact that skilled labor is in high demand in industries such as technology, engineering, and healthcare, while the demand for unskilled labor has decreased with the increasing use of automation and globalization.

In Recent Years, the Ratio of Earnings of the Typical