Multiple Choice
Low-skill workers earn a lower wage than more experienced, higher skilled workers because the
A) low-skill workers lack the intelligence necessary to do any other form of work.
B) low-skill workers were never given the opportunity to invest in human capital.
C) supply of low-skill workers is large relative to the demand for workers in this skill category.
D) low-skill workers are too lazy to search for other employment opportunities.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: In an economy in which the skills,
Q22: An example of a non-pecuniary job characteristic
Q23: Which of the following is true of
Q24: When earnings differentials are adjusted for such
Q25: Regulations that make it difficult to enter
Q27: The difference between the earnings of construction
Q28: Other things constant, which of the following
Q29: An individual who possesses a specialized skill
Q30: Two workers are employed in the same
Q31: Wages in the United States are higher