Two Explanations for Increasing Wage Inequality Are ________ and ________

question 94

Multiple Choice

Two explanations for increasing wage inequality are ________ and ________.

• A)technological progress; a modernized capital stock
• B)increased labor supply; a slowdown in productivity growth
• C)increased worker mobility; transition aid
• D)globalization; skill-biased technological change

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Definitions:

Laggard Segment

A group within a market that adopts new products or technologies much later than others.

Antisocial Personality Disorder

A mental disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Substance Abuse Disorders

Disorders related to the excessive use of harmful substances, including alcohol and drugs.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a persistent pattern of behavior that violates the rights of others or major societal norms.