Which of the Following Is a Recent Trend in the Labor

question 220

Multiple Choice

Which of the following is a recent trend in the labor market?

• A) Low-skilled workers have lost jobs.
• B) The demand for high-skilled labor has increased as technology has increased.
• C) The wages of high-skilled labor have decreased.
• D) The marginal productivity of low-skilled workers has increased.

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Definitions:

Randomly Assign

The process of allocating people or resources to groups or categories in a way that lacks any specific pattern, order, or objective.

Systems Theory Approach

A perspective that views entities as open systems interacting with their environments and emphasizes the interrelatedness of components within an entity.

Input-Process-Output Model

A framework used to understand how groups transform inputs (resources, information, etc.) through processes (communication, decision-making) to produce outputs (solutions, decisions).

Social Exchange Theory

A theory suggesting that human relationships are formed based on a subjective cost-benefit analysis and the comparison of alternatives.