Asked by Keivan Golchini on May 30, 2024
Verified
Based on the example provided by the authors, what is the key factor that explains much of the growing inequality in wages paid to different types of workers in the U.S. since 1980?
A) Changes in the gender composition of the work force
B) Changes in the age distribution of the work force
C) Differences in computer and data analysis skills
D) Changes in the geographic concentration of workers
Growing Inequality
Growing inequality refers to the increasing disparity in income and wealth distribution among a population.
Data Analysis Skills
The competency in processing and interpreting data to draw meaningful conclusions, critical in decision-making processes across various fields.
Wage Disparity
The difference in earnings among workers, often due to factors like gender, race, or job type.
- Recognize elements leading to disparities in wages and transformations within the employment sector.
Verified Answer
MN
Muhammad NaeemMay 31, 2024
Final Answer :
C
Explanation :
According to the example provided by the authors, the key factor that explains much of the growing inequality in wages paid to different types of workers in the U.S. since 1980 is differences in computer and data analysis skills.
Learning Objectives
- Recognize elements leading to disparities in wages and transformations within the employment sector.