Economists who study labor markets have documented
A)a general decline in the wages of college graduates over the last decade.
B)an increasing trend in U.S. labor markets for employers to pay all costs of education and training.
C)a decrease in the earnings gap between low-skill and high-skill workers over the past two decades.
D)an increase in the earnings gap between low-skill and high-skill workers over the past two decades.

Question

Quizplus · Accepted Answer

Economists who study labor markets have documented an increase in the earnings gap between low-skill and high-skill workers over the past two decades. This is due to various factors such as globalization, technological advancements, and changes in the nature of work, which have all led to rising demand for highly skilled workers and declining demand for low-skilled workers.

Economists Who Study Labor Markets Have Documented