In the Long Run,changing Technology on Average Has Led To

question 105

Multiple Choice

In the long run,changing technology on average has led to:

• A)lower employment and lower wage rates.
• B)higher employment and lower wage rates.
• C)lower employment with wage rates unchanged.
• D)higher employment with wage rates unchanged.
• E)higher incomes and more leisure time.

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Definitions:

Volunteering

The act of offering services or help willingly and without pay to benefit another person, group, or organization.

Good Deed

An action that is considered morally right or benevolent.

Rewarded

The act of receiving something of value in return for an action or behavior, often used as a means of encouragement or recognition.

X-Ray Vision

Fictional ability to see through solid objects, often found in comic books and science fiction.