Author Question: Which of the following would increase the gap in wages between skilled and unskilled workers? A) ... (Read 62 times)

hbsimmons88 · **on:** Jun 30, 2018

Which of the following would increase the gap in wages between skilled and unskilled workers?

A) less technological progress of the kind we've experienced in the past 15 years
B) new types of production technology that require workers to have more skills
C) an increase in the costs of going to college
D) all of the above
E) none of the above

Question 2

At the current interest rate, suppose the supply of money is less than the demand for money. Given this information, we know that

A) the price of bonds will tend increase.
B) the price of bonds will tend to fall.
C) production equals demand.
D) the goods market is also in equilibrium.
E) the supply of bonds also equals the demand for bonds.