The Greater Inequality of Wages Can Be Viewed as a Sign

question 24

Multiple Choice

The greater inequality of wages can be viewed as a sign that

• A) demand for skilled labor is increasing faster than supply.
• B) supply for skilled labor is decreasing faster than demand.
• C) demand for skilled labor is decreasing faster than supply.
• D) supply for skilled labor is increasing faster than demand.

---

Definitions:

Assets

Anything owned that has exchange value; all the entries on a balance sheet that show the property or resources of a person or business; the money and items of value in a business.

Gross Collection Ratio Formula

A financial metric used in healthcare to measure the percentage of total charges collected out of the total charges billed to patients and insurance companies.

Total Charges

The complete amount of money required or demanded for a service or goods, often including all additional fees and taxes.

Operating Information

The information that is needed on a day-to-day basis in order for a company to conduct business.