Solved

Growing Income Inequality Between the Skilled and Unskilled Workers in Advanced

Question 74

Multiple Choice

Growing income inequality between the skilled and unskilled workers in advanced nations, such as the United States, is a result of the


A) wages for skilled workers being bid up by the labor market and the wages for unskilled workers being discounted.
B) decrease in the outsourcing of low-wage manufacturing jobs offshore and a corresponding increase in demand for unskilled workers.
C) shift within advanced economies toward jobs where the only qualification is the willingness to turn up for work every day.
D) increasing wage gap between developing and developed nations.
E) shortage of unskilled workers and an excess supply of highly skilled workers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents