The Evidence Suggests That Recent Technological Change

question 4

Multiple Choice

The evidence suggests that recent technological change

• A)permanently increased the natural rate of unemployment.
• B)is different from past technological change, in that it has no impact on productivity.
• C)has increased productivity in the service sector only.
• D)has increased productivity in the manufacturing sector only.
• E) has increased the wage gap between skilled and unskilled workers.

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Definitions:

Checking Account

A bank account that allows the account holder to make deposits, withdrawals, and write checks against available funds.

National Guard

A reserve military force composed of state National Guard militia members or units under federally recognized active or inactive armed force service.

Livestock

Domesticated animals raised in an agricultural setting to produce commodities such as food, fiber, and labor.