This topic contains a solution. Click here to go to the answer

Author Question: Consider this quote from an article in the Wall Street Journal: The stock of educated workers isn't ... (Read 164 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
Consider this quote from an article in the Wall Street Journal: The stock of educated workers isn't increasing fast enough to keep up with rising demand....
 
  Employers are paying the typical four-year college graduate without graduate school 75 more than they pay high-school grads. Twenty-five years ago, they were paying 40 more. Employers insist on ever better-educated, skilled workers.
  Source: David Wessel, Lack of Well-Educated Workers Has Lots of Roots, No Quick Fix, Wall Street Journal, April 19, 2007, A) The demand for high-school educated workers shifted to the left faster than the supply of college educated workers shifted to the right.
  B) The supply of high-school educated workers shifted to the right faster than the demand for college educated workers shifted to the right.
  C) The demand for college educated workers shifted to the right faster than the supply of college educated workers shifted to the right.
  D) The demand for college educated workers shifted to the right while the supply of college educated workers shifted to the left.

Question 2

Which of the following statements is true?
 
  A) GDP growth distributes income equally to people in the economy.
  B) GDP accounting rules do not adjust for production that pollutes the economy.
  C) A decrease in the crime rate increases GDP as people will spend more on security.
  D) Household production is counted in GDP as it amounts to real production.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

C

Answer to Question 2

B




Tirant22

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library