If Robotics and Factory Automation Become More Widespread in an Industry

question 22

Multiple Choice

If robotics and factory automation become more widespread in an industry and all else is held constant:

• A) both the demand for labor in that industry and the wage rate should increase.
• B) both the demand for labor in that industry and the wage rate should decrease.
• C) the demand for labor should decrease in that industry and the wage rate should increase.
• D) the demand for labor should increase in that industry and the wage rate should decrease.

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Definitions:

Unconscious Forces

Pertains to the processes in the human mind not directly accessible to consciousness, which influence thoughts, feelings, and behaviors according to psychoanalytic theory.

Social Cognitive Theory

A theory in psychology that posits that learning occurs in a social context with a dynamic and reciprocal interaction of the person, environment, and behavior.

Cognitive Processes

Mental activities involved in acquiring, retaining, and using knowledge, such as perception, memory, language, and problem-solving.

Secondary Reinforcers

Stimuli that acquire their reinforcing properties through their association with primary reinforcers.