Skill-biased technical change is:

A. economic growth that derives from, and therefore benefits disproportionally, the highly-skilled, highly educated workers in a society.
B. the changing makeup of workforces in countries with large amounts of technology.
C. the change in technology that has caused many jobs to shift away from the service sector to the technology sector.
D. None of these is true.

Answer: A

Economics

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If a nation wants to maintain a fixed exchange rate at a time when supply and demand are causing an excess of imports over exports, the nation might

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