In order to explain the changing gap in earnings between skilled and unskilled workers in recent years, economists have proposed two hypotheses. One hypothesis emphasizes
A) compensating differentials.
B) the increased recognition that a larger stock of human capital usually leads to higher earnings.
C) the decreasing importance of labor unions.
D) the increasing importance of international trade.
Correct Answer:
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Q141: Certain factors that are probably important in
Q302: Economists who study labor markets have discovered
Q303: In order to explain the changing gap
Q304: The difference in wages paid to major-league
Q305: A compensation scheme that pays salespeople a
Q306: Increases in international trade and technological change
Q308: Which of the following does not affect
Q309: Which of the following helps to explain
Q310: If, as some economists believe, changes in
Q312: Over the past several years, the earnings
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