Asked by
PRASHANT SACHWANI
on Nov 16, 2024Verified
In recent years, the ratio of earnings of the typical U.S. college graduate to the earnings of the typical high school graduate without additional education has
A) risen as the demand for skilled labor has increased relative to the demand for unskilled labor.
B) risen as the demand for skilled labor has decreased relative to the demand for unskilled labor.
C) fallen as the demand for skilled labor has increased relative to the demand for unskilled labor.
D) fallen as the demand for skilled labor has decreased relative to the demand for unskilled labor.
Skilled Labor
Workers who have obtained specialized training, education, knowledge, and abilities to perform specific tasks.
- Explain the factors contributing to the earnings gap between individuals with different levels of education.
Verified Answer
KP
Learning Objectives
- Explain the factors contributing to the earnings gap between individuals with different levels of education.
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