Skill-Biased Technological Change Increases Wage Inequality by Altering the ________

question 51

Multiple Choice

Skill-biased technological change increases wage inequality by altering the ________ high-skilled workers relative to low-skilled workers.

• A)reservation price of
• B)mobility of
• C)supply of
• D)demand for

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Definitions:

Swapping Words

The process of exchanging words within a text or sentence to change its structure or meaning, often used in linguistic studies or exercises.

Ambiguous Words

Words that have more than one meaning or can be interpreted in multiple ways, often leading to confusion or ambiguity in communication.

Directive

A directive can be a formal instruction or order given by someone in authority, or it can refer to guiding principles in psychology and therapy that influence behavior or thought.

Phonological

Pertaining to the system of sounds that a language uses, including patterns of sounds used to encode meaning.