Multiple Choice
An increase in the demand for workers producing computers for export versus producing agricultural products that can be imported more cheaply from abroad is an example of how increasing wage inequality can result from:
A) the diminishing marginal product of labor.
B) the diminishing marginal product of capital.
C) increasing reservation prices.
D) globalization.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: An increase in the size of the
Q29: If the price of tables sold by
Q30: Larger increases in the demand for labor
Q31: A long-term mismatch between the skills of
Q32: As the real wage decreases, the quantity
Q34: All of the following describe trends in
Q35: Most economists generally argue _ trying to
Q36: One trend in labor markets is:<br>A)a decrease
Q37: Initially, workers in the shoe industry and
Q38: The costs of unemployment are lowest (and