Skill-Biased Technological Change ______ the Demand for High-Skilled Workers, While

question 152

Multiple Choice

Skill-biased technological change ______ the demand for high-skilled workers, while the slowdown in the pace of educational advancement reduces the supply of skilled workers, resulting in relatively _____ wages for skilled workers.

• A) increases; higher
• B) increases; lower
• C) decreases; higher
• D) decreases; lower

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Definitions:

Research Design

The framework or plan for a study that outlines how data will be collected, analyzed, and interpreted.

Resources

The materials, tools, financial assets, or other types of support available to individuals or organizations for achieving objectives or completing tasks.

Plausible Rival Hypotheses

Alternative explanations that could challenge the causal relationship between variables in a study.

Homogeneity

The degree to which participants, variables, or groups in a study are similar or uniform in characteristics or conditions.