Suppose That Technological Progress Increases the Productivity of Teachers

question 72

Multiple Choice

Suppose that technological progress increases the productivity of teachers.Which of the following accurately describes the labor market for teachers after the technological change?

• A) Wages will rise and quantity of teachers employed will fall.
• B) Wages will rise and the quantity of teachers employed will rise.
• C) Wages will fall and the quantity of teachers employed will fall.
• D) Wages will fall and the quantity of teachers employed will rise.

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Definitions:

Systematic Thinking

A cognitive approach that involves understanding and solving problems through a step-by-step process, considering all components and their relationships.

Rational

Based on reasoning or logic; pertaining to the ability to think, understand, and form judgments by a process of logic.

Step-by-step

A phrase describing a process or procedure that takes place gradually, one stage at a time.

Problem Solver

An individual or entity capable of analyzing issues, identifying solutions, and implementing strategies to address challenges effectively.