Which of the Following Is Not Believed to Cause Recent

question 9

Multiple Choice

Which of the following is not believed to cause recent increases in wage inequality?

• A)international trade
• B)contractionary monetary policy
• C)skill-biased technological progress
• D)all of the above
• E) none of the above

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Definitions:

Corporations

Legal entities that are separate from their owners, with the ability to own property, enter into contracts, and be sued.

Joint Venture

A business arrangement where two or more parties agree to combine their resources for accomplishing a specific task, sharing profits, losses, and control.

Specified Purpose

A defined goal or objective that a project or venture aims to achieve.

Limited Partnership

A partnership structure where there is at least one general partner who manages the business and assumes unlimited liability, and one or more limited partners who provide capital and have liability only up to the amount of their investment.