In the Long Run, on Average, What Has Changing Technology

question 66

Multiple Choice

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

• A) lower employment and lower wage rates 
• B) higher employment and lower wage rates 
• C) higher incomes and more leisure time 
• D) higher employment but no change in wage rates

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Definitions:

Hair Bulb

The rounded, club-shaped structure at the base of a hair follicle, containing actively dividing cells which produce the hair shaft.

Hair Root

The part of the hair located below the skin surface, anchored into the hair follicle, where hair growth begins.

Medulla

The inner region of an organ or tissue, especially in the adrenal glands and kidneys, or the lower part of the brainstem controlling vital functions.

Lipid Storage

The accumulation of fats or lipids within cells, which can be used as energy or contribute to various metabolic diseases when excessive.