The Rising Gap in Wages Between Unskilled and Skilled Workers

question 140

True/False

The rising gap in wages between unskilled and skilled workers is most likely related to a larger increase in demand for unskilled occupations relative to skilled occupations.

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Definitions:

Raw Materials

are unprocessed or minimally processed materials that are used to produce goods, including materials found in nature such as minerals, timber, and water.

Hazardous Waste Disposal

The safe elimination or permanent containment of waste materials that pose a risk to human or environmental health.

Waste Reduction

The process of minimizing the amount of waste generated by reducing, reusing, and recycling materials.

Economic Growth

A rise in the quantity of goods and services produced in an economy during a specific timeframe, usually assessed by the percentage growth rate of the real gross domestic product (GDP).