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:

Service Time Distribution

The statistical distribution of the time taken to serve customers in a queue, affecting waiting times and service efficiency.

Number of Channels

Refers to the distinct paths or routes through which a company distributes its products or services to customers.

Number of Phases

refers to the distinct stages in a project, process, or lifecycle, often marked by key milestones or transitions.

Population Size

The total number of members in a group that is being studied or for which data is being collected.