Refer to the following figure when answering the following questions.
Figure 7.5: Labor Market 
-Consider Figure 7.5. If the demand curve for college graduates is characterized by
, which of the following is a reason why the demand for labor for college graduates is higher than that for high school students, characterized by 
?
A) skill-based technological change for high school students
B) low saving rates
C) fewer college graduates than high school graduates
D) a growing number of college graduates
E) specialization
Correct Answer:
Verified
Q79: In the "bathtub model" of unemployment, in
Q80: _ offered his workers _ per day.
A)
Q81: Large unemployment benefits give workers an incentive
Q82: The labor demand curve is derived from
Q83: Wage rigidity decreases labor market volatility.
Q85: Refer to the following figure when answering
Q86: Unemployment due to institutional frictions is called
Q87: If the number of employed is 145,926,
Q88: The average unemployment benefit of an American
Q89: The supply of labor curve slopes upward
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