If the United States Is Relatively Abundant in High-Skilled Workers

question 18

True/False

If the United States is relatively abundant in high-skilled workers and other countries are relatively abundant in low-skilled workers, then high-skilled workers' wages should rise and low-skilled workers' wages should fall in the United States.

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Definitions:

Frequency Distribution

A summarization of data by reporting the number of observations that fall within each range or bin of values for a specific variable.

Pie Graph

A circular chart divided into sectors, each sector shows the relative size of each value to the total.

Histogram

A graphical representation of the distribution of numerical data, often used to visualize the frequency of data intervals.

Bar Chart

A graphical representation of data using bars of different heights.