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In Situations Where New Technologies Are Considered Substitutes for Workers

question 224

Multiple Choice

In situations where new technologies are considered substitutes for workers, demand for these workers will ________, resulting in ________ in the equilibrium wage.


Definitions:

Gallery

A collection or database of images, templates, or objects that can be used in various software applications for design or decorative purposes.

Rule

A principle or regulation established by an authority, governing behavior or the operation of a system.

Outlook

A personal information manager from Microsoft, featuring email, calendar, contact management, and task scheduling functionalities.

Command

An instruction given by a user to a computer program to perform a specific task.

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