The skill-biased character of technological change in recent decades has tended to cause ________

A) a decrease in the demand for college-educated labor
B) a higher rate of unemployment among college-educated labor
C) a lower rate of unemployment among unskilled labor
D) an increase in demand for college-educated labor

D

Economics

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The ability of a firm or country to produce a good or service at a lower opportunity cost than other producers is called absolute advantage

Indicate whether the statement is true or false

Economics

In banking-oriented systems, handling of the manager-stockholder conflict in large firms is through

A) rating agencies. B) the potential for takeovers. C) management ownership of the firm. D) bank ownership of the firm.

Economics