Solved

-In the Figure Above, If Information Technologies Are Introduced That

Question 96

Multiple Choice

-In the figure above, if information technologies are introduced that are complements for high-skilled workers and substitutes for low-skilled workers, the wage rate of high-skilled workers will ________ and the wage rate of low-skilled workers will ________. A) rise; fall B) fall; rise C) fall; fall D) rise; rise
-In the figure above, if information technologies are introduced that are complements for high-skilled workers and substitutes for low-skilled workers, the wage rate of high-skilled workers will ________ and the wage rate of low-skilled workers will ________.


A) rise; fall
B) fall; rise
C) fall; fall
D) rise; rise

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q91: Market income is defined as wages, interest,

Q92: The "big tradeoff" refers to the point

Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure

Q94: An income tax system in which the

Q95: The income that measures a household's earnings

Q97: Sue has human capital worth $500,000 and

Q98: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the table

Q99: The big tradeoff between equality and efficiency

Q100: The entry of China and other developing

Q101: State colleges are an example of<br>A) income