Economists Who Attempt to Explain the Increasing Earnings Gap Between

question 284

Multiple Choice

Economists who attempt to explain the increasing earnings gap between skilled and unskilled workers in the United States offer two main hypotheses.Both hypotheses

• A) suggest that demand and supply conditions have played a less important role in determining workers' wages in recent years.
• B) suggest that, over time, the demand for skilled labor has risen relative to the demand for unskilled labor.
• C) emphasize the shrinking importance of international trade in recent years.
• D) emphasize the growing importance of women and teenagers in the workforce in recent years.

---

Definitions:

Planned Configuration

A deliberate arrangement or design of components, systems, or structures, often in strategic planning or organizational development.

Lines of Authority

This refers to the formal chain of command within an organization, detailing who reports to whom.

Wider Spans

Refers to broader scopes of management control where supervisors oversee a larger number of subordinates or a wider range of activities.

Complex Tasks

Activities or jobs that require a high level of skill, expertise, and problem-solving abilities due to their intricate nature.