Skill-Biased Technological Change _____ the Demand for High-Skilled Workers, While

Multiple Choice

Skill-biased technological change _____ the demand for high-skilled workers, while a slowdown in the pace of educational advancement reduces the supply of skilled workers. If we observed both of these phenomena, we would expect _____ wages for skilled workers.

A) increases; higher
B) increases; lower
C) decreases; higher
D) decreases; lower