Which of the Following Would Tend to Lessen the Wage

question 136

Multiple Choice

Which of the following would tend to lessen the wage gap between a country's skilled and unskilled workers?

• A)technology increases the productivity of unskilled workers more than that of skilled workers
• B)the country increases trade with countries that have a higher proportion of skilled workers
• C)both A and B
• D)neither A nor B

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Definitions:

Forecasted Return

The predicted financial return of an investment over a specific period, often based on historical data, current trends, and professional analysis.

Required Return

The minimum return that an investor expects to achieve on an investment to consider it a worthwhile risk.

Standard Deviation

A measure of the dispersion or variability in a set of values, often used to gauge the risk associated with a particular investment or portfolio.

Expected Rate

The anticipated rate of return or growth for an investment, often based on historical data and projections.