Economists agree that wages of unskilled workers are being held down by
A) International trade
B) Technology improvements
C) Lack of education
D) A combination of a,b,and c

Question

Quizplus · Accepted Answer

Economists generally agree that the wages of unskilled workers are being held down by a combination of factors, including international trade (as companies can outsource labor and/or find cheaper labor abroad), technological improvements (which can increase productivity and reduce the demand for unskilled labor), and a lack of education or skills among workers (as there is an increasing demand for skilled labor in the modern economy).

Economists Agree That Wages of Unskilled Workers Are Being Held