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.
Correct Answer:

Verified
Correct Answer:
Verified
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