(Table: Labor Requirements) the Table Gives U

question 59

Multiple Choice

(Table: Labor Requirements) The table gives U.S. and Indian labor requirements (hours per unit of output) needed in each of four activities to produce the final product. Suppose that wages of unskilled and skilled workers are $10 and $20 in the United States and $1 and $5 in India. Which country has a higher relative wage for skilled labor?

• A) India
• B) the United States
• C) Both India and the United States have the same relative wages for skilled labor.
• D) The United States and India have the same relative wage for unskilled labor.

---

Definitions:

Demographic Characteristics

Attributes of populations, such as age, sex, income level, race, employment, and geographic location, used in social sciences to classify and study groups of people.

Intelligence

Intelligence encompasses the mental capabilities to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one’s environment.

Self-Esteem

A person's inward valuation of their significance or value.

Reciprocation

The act of responding to another's action or gesture with a similar action, often related to the principle of "give and take" in social interactions.