Multiple Choice
Which of the following would increase the gap in wages between skilled and unskilled workers?
A) International trade forces companies to relocate to low- cost countries.
B) An increase in the costs of going to university.
C) New types of production technology that require workers to have more skills.
D) All of the above.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: Explain what effect a decrease in productivity
Q29: Assume that expectations of productivity are slow
Q30: Which of the following is not true
Q31: Because of labour hoarding, an increase in
Q32: "Churning" refers to:<br>A) the increase in productivity
Q34: Assume that expectations of P and A
Q35: Assume an economy experiences an increase in
Q36: Assume that expectations of productivity are slow
Q37: Suppose the aggregate production function is represented
Q38: Using the AS- AD model, graphically illustrate