Economists Who Attempt to Explain the Increasing Earnings Gap Between

question 115

Multiple Choice

Economists who attempt to explain the increasing earnings gap between skilled and unskilled workers offer two main hypotheses:

• A)one hypothesis emphasizes education, and the other emphasizes compensating differentials.
• B)one hypothesis emphasizes education, and the other emphasizes international trade.
• C)one hypothesis emphasizes international trade, and the other emphasizes technology.
• D)one hypothesis emphasizes technology, and the other emphasizes compensating differentials.

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Definitions:

Societal Cultures

The shared values, norms, behaviors, and artifacts that characterize different groups or societies.

Organizations

Organizations are collections of people working together to achieve a common purpose.

Corporate Rituals

Established ceremonies or actions performed in a company that symbolize its values and culture.

Unique Stories

Distinct narratives or accounts that set individuals, organizations, or events apart from others.