Which of the Following Does Not Explain the Rise in Income

question 15

Multiple Choice

Which of the following does not explain the rise in income inequality in the United States from 1970 to 2017?

• A)Changes in technology.
• B)An increase in minimum wages.
• C)A reduction in the demand for unskilled labor.
• D)Increased international trade with low-wage countries.

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Definitions:

Past Decades

Refers to the previous ten-year periods, looking backward from the current date, emphasizing historical trends or changes.

Human Resources

The department within an organization that manages employee relations, recruitment, training, and compensation.

Change and Ambiguity

Refers to the uncertainties and unpredictabilities that come with alterations in circumstances, conditions, or environments.

Different Vision

A unique or innovative perspective or approach towards goals, challenges, or projects.