Large Disparities in Wages Could Possibly Result from All but Which

question 22

Multiple Choice

Large disparities in wages could possibly result from all but which one of the following?

• A)Parental investment in a child's human capital.
• B)Increases in the amount of middle class jobs.
• C)Skill-biased technological change.
• D)Globalization.
• E)An increase in the demand for highly skilled labor.

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Definitions:

Fraud in Securities Transactions

Illegal activities involving deceit or concealment in the buying, selling, or trading of securities, aimed at gaining a financial advantage.

SEC Regulations

Rules and standards developed and enforced by the U.S. Securities and Exchange Commission to regulate the securities industry.

Security

A financial instrument representing an ownership position, a debt relationship, or rights to ownership as represented by an option.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.