Advances in Technology Always Result in Net Job Destruction, Which

question 90

True/False

Advances in technology always result in net job destruction, which is one of the main reasons unemployment rates have continued to increase over time.

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Definitions:

Diversified

A strategy that involves spreading investments across various financial instruments, industries, and other categories to reduce exposure to risk.

Portfolio

A range of investments held by an individual or institution, including stocks, bonds, commodities, and more, often diversified to spread risk.

Diversifiable Risk

The risk associated with individual investments that can be reduced or eliminated through diversification across various assets.

Systematic Risk

The risk of loss associated with the entire market or market segment.