A Technological Advance That Increases Labor Productivity Will

question 9

Multiple Choice

A technological advance that increases labor productivity will

• A) lower wages.
• B) decrease the demand for labor as fewer workers are needed.
• C) decrease the supply of labor as fewer workers are needed.
• D) increase the demand for labor as MP rises.
• E) decrease the demand for labor as MP falls.

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Definitions:

Developmental Psychologists

Professionals specializing in the scientific study of how and why human beings change over the course of their life, from infancy through adulthood and aging.

Life Cycle

The series of changes in the life of an organism, including reproduction, development, and eventually death.

Social Changes

Alterations in the structure and functioning of a society over time, often owing to advances in technology, changes in economy, or cultural shifts.

Fetal Alcohol Syndrome

A condition in unborn children resulting from alcohol exposure during the mother's pregnancy, causing brain damage and growth problems.