Asked by
MaKayla Morgan
on Dec 12, 2024
Verified
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 specialized training, education, or experience that is valuable for specific jobs, industries, or tasks.
Unskilled Labor
Workforce sector comprising individuals without specialized training or qualifications, often employed in tasks that require manual efforts.
- Comprehend the effect of global trade on the demand for labor within domestic markets.
Verified Answer
JS
Learning Objectives
- Comprehend the effect of global trade on the demand for labor within domestic markets.
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