In Recent Years,the Increasing Relative Wage of Skilled Labor Has

question 20

Multiple Choice

In recent years,the increasing relative wage of skilled labor has been mostly due to

• A)a decrease in the supply of skilled labor that exceeds the decrease in demand.
• B)an increase in the demand for skilled labor that exceeds the increase in supply.
• C)a decrease in the supply of, and increase in the demand for, skilled labor.
• D)government laws promoting the hiring of skilled labor.
• E) government subsidies provided to college students.

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Definitions:

Trace Adkins

A country music singer and actor known for his bass-baritone voice and numerous hits within the country genre.

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