Technological changes that increase the productivity of skilled ...

[cdr_15]

Technological changes that increase the productivity of skilled workers relative to that of unskilled workers are referred to as:
 
  A) skill-biased technological changes.
  B) labor-saving technological changes.
  C) unskilled-biased technological changes.
  D) labor-complementary technological changes.

Question 2

Why are public goods non-rival in consumption? Explain with a real-world example.
 
  What will be an ideal response?

[debra928]

Answer to Question 1

A

Answer to Question 2

A public good like national defense is non-rival in consumption. This is because the enjoyment of national security by a citizen of a country does not reduce the level of security enjoyed by others.

[cdr_15]

Excellent

[bigsis44]

TYSM