Question: An increase in skilled-labor productivity will _____ the demand for skilled workers, while an acceleration in the pace of educational advancement will increase the supply
An increase in skilled-labor productivity will _____ the demand for skilled workers, while an acceleration in the pace of educational advancement will increase the supply of skilled workers. If both of these phenomena happened at the same time, everything else held constant, we would expect the wages of skilled workers to _____. Question 1 Select one: A. increase; increase B. increase; decrease C. increase; either increase, decrease, or remain constant D. decrease; increase E. decrease; decrease F. decrease; either increase, decrease, or remain constant
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