The Wage Gap Between Skilled and Unskilled Worker Has

question 173

Multiple Choice

The wage gap between skilled and unskilled worker has

• A)risen; economists argue that this may be due in part to technological progress.
• B)risen; economists argue that none of the rise is due to technological progress.
• C)fallen; economists argue that this may be due in part to technological progress.
• D)fallen; economists argue that none of the fall is due to technological progress.

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Definitions:

Corporate Income Taxes

Taxes imposed on the net income (profit) of corporations.

State

A political organization or entity occupying a definite territory and having centralized government with the power to make and enforce laws without external control.

Local Governments

Administrative bodies that manage and govern specific areas or regions within a country, providing public services and infrastructure.

Surplus

A situation in which the quantity of goods or services supplied exceeds the quantity demanded at the current price.