Identify the Correct Statement About the Supply of Labor in the U.S

question 22

Multiple Choice

Identify the correct statement about the supply of labor in the U.S. economy.​

• A)The supply of less-educated workers has increased more than the supply of more-educated workers, thus increasing the rewards of education.
• B)Immigration has decreased the supply of relatively less-educated workers, thus increasing the wages.
• C)Immigration has increased the supply of relatively less-educated workers, thus increasing the wage rates.
• D)Computer-controlled machinery has substituted low-skilled workers in the manufacturing process, thus increasing their wages.
• E)Technological change has benefitted only the low-skilled, less-educated workers at the cost of the highly-skilled, highly-educated workers.

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Definitions:

Great Awakening

A series of religious revivals in the American colonies in the 18th and early 19th centuries that emphasized emotional spirituality over traditional doctrine.

Religious Emotionalism

Powerful and expressive displays of religious fervor and emotion, often associated with revivalist and charismatic movements.

American Colonies

The English settlements along the Atlantic coast of North America in the 17th and 18th centuries, which later formed the United States.

Republicanism

A political belief system focused on the concept of citizenship within a republic, where sovereignty is vested in the populace.