Large Productivity Gains Explain

question 120

Multiple Choice

Large productivity gains explain:

• A) increasing wage inequality
• B) high unemployment in Western Europe.
• C) skill-based technological change.
• D) the long-term increase in real wages

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Definitions:

Virtual Network

A digital network that uses software and virtualized hardware resources to provide network functionality in a virtual environment.

Expert System

A computer program that simulates the judgment and behavior of a human or an organization that has expert knowledge and experience in a particular field.

Human Thinking

The mental process involving perception, reasoning, judgment, and memory by which humans interpret and interact with the world.

Artificial Intelligence

The simulation of human intelligence processes by machines, especially computer systems, which includes learning, reasoning, and self-correction capabilities.