(Last Word) the Case of ATMs and Bank Tellers Illustrates

question 117

Multiple Choice

(Last Word) The case of ATMs and bank tellers illustrates that

• A) capital is primarily a substitute for labor.
• B) capital is, overall, a complement for labor, not a substitute.
• C) capital and labor are almost always used in fixed proportions.
• D) technological innovation is generally detrimental to employment.

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