From an economic perspective, the best response to increased wage inequality is to:
A)block future technological change.
B)stop all international trade.
C)provide transition aid to disadvantaged workers.
D)make skill-biased technological change illegal.

Question

Quizplus · Accepted Answer

Globalization has increased the size of markets, which is generally good. To help the displaced workers who have seen a decline in the demand for their labor, transition aid can be used to provided retraining and relocation.

From an Economic Perspective, the Best Response to Increased Wage