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In Recent Years,the Increasing Relative Wage of Skilled Labor Has

Question 20

Multiple Choice

In recent years,the increasing relative wage of skilled labor has been mostly due to


A) a decrease in the supply of skilled labor that exceeds the decrease in demand.
B) an increase in the demand for skilled labor that exceeds the increase in supply.
C) a decrease in the supply of, and increase in the demand for, skilled labor.
D) government laws promoting the hiring of skilled labor.
E) government subsidies provided to college students.

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