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Holding Other Factors Constant,if the Education and Skills of the Typical

Question 39
Multiple Choice

Holding other factors constant,if the education and skills of the typical worker in an economy increases,then the real wages of workers will ______ and employment of workers will _____. A)increase;increase B)increase;decrease C)decrease;not change D)decrease;increase

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Q 40
If the existence of alternative opportunities makes people become less willing to work in poultry processing plants,then the real wage of unskilled workers in poultry processing plants is predicted to ______ and the employment of unskilled workers in poultry processing plants is predicted to ______. A)increase;increase B)increase;decrease C)increase;not change D)decrease;decrease
Q 41
Real wages increased in industrialized countries in the twentieth century because the demand for labor: A)increased more rapidly than the supply of labor increased. B)increased more slowly than the supply of labor increased. C)increased,while the supply of labor decreased. D)decreased,while the supply of labor increased.
Q 42
Holding other factors constant,technological progress ______ the real wage and ______ employment. A)increases;increases B)increases;decreases C)increases;does not change D)decreases;increases
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