In the Long Run,a Technological Advance That Improves Communication Can

question 86

Multiple Choice

In the long run,a technological advance that improves communication can be expected to ________ labor productivity and ________ unemployment.

• A) have no effect on; have no effect on
• B) increase; decrease
• C) increase; increase
• D) increase; have no effect on
• E) decrease; increase

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Definitions:

Quasi-Contract

An obligation imposed by law to prevent unjust enrichment, even though no actual contract exists between the parties involved.

Necessaries

Goods and services deemed essential for an individual's subsistence and welfare, especially in the context of legal responsibility and contracts.

Incapacity

The inability to comprehend or manage one's own affairs due to mental deficiency or a similar condition.

Disaffirmance

The legal right or act of renouncing or rejecting a contract or agreement, particularly used in reference to minors' agreements.