Consider some alternative policies available to governments that want to narrow the widening wage gap between...
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Consider some alternative policies available to governments that want to narrow the widening wage gap between high-paid and low-paid workers. so The government could encourage greater educational attainment and job training among people in the low-skilled workforce. More education and training would effectively turn low-skilled workers into the high-skilled workers that stand to benefit from better computer technology. Suppose the government makes college education mandatory for at least two years at the junior college level. The following graph shows the market for low-skilled workers. Show the effect of the mandatory college education policy that turns low-skilled workers into high-skilled workers by shifting the appropriate curve on the graph. Tool tip: Click and drag one or both of the curves. Curves will snap into position, so if you try to move the curve and it snaps back to its original position, just try again and drag it a little farther. WAGE Supply Demand NUMBER OF LOw-SKILLED WORKERS Consider some alternative policies available to governments that want to narrow the widening wage gap between high-paid and low-paid workers. so The government could encourage greater educational attainment and job training among people in the low-skilled workforce. More education and training would effectively turn low-skilled workers into the high-skilled workers that stand to benefit from better computer technology. Suppose the government makes college education mandatory for at least two years at the junior college level. The following graph shows the market for low-skilled workers. Show the effect of the mandatory college education policy that turns low-skilled workers into high-skilled workers by shifting the appropriate curve on the graph. Tool tip: Click and drag one or both of the curves. Curves will snap into position, so if you try to move the curve and it snaps back to its original position, just try again and drag it a little farther. WAGE Supply Demand NUMBER OF LOw-SKILLED WORKERS
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