Long-Term Increases in Productivity That Have Increased the Demand for Labor

question 63

Multiple Choice

Long-term increases in productivity that have increased the demand for labor, and raised real wages, have resulted primarily from ________ and ________.

• A)technological progress; a modernized capital stock
• B)technological progress; an increased labor supply
• C)a modernized capital stock; skill-biased technological change
• D)a modernized capital stock; an increased labor supply

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Definitions:

Type of Therapy

Refers to various treatments or interventions designed to alleviate symptoms, treat disease, or improve well-being.

Genome

The complete set of genetic material, including all the genes, present in an organism or a cell.

Humans

Homo sapiens, the only extant species of the genus Homo, characterized by advanced cognitive abilities and the capacity for culture and language.

Fruit Flies

Small flies, often used as model organisms in genetic research, belonging to the genus Drosophila.