Holding Other Factors Constant, Technological Progress ________ the Real Wage

question 42

Multiple Choice

Holding other factors constant, technological progress ________ the real wage and ________ employment.

• A)increases; increases
• B)increases; decreases
• C)increases; does not change
• D)decreases; increases

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Definitions:

Supernatural Powers

Abilities or forces that go beyond the laws of nature, often attributed to magical, divine, or mysterious sources.

Disorganized

Having a lack of structure or order; not systematically planned or arranged.

Undifferentiated

Lacking distinct and specialized characteristics, often used in the context of cells or marketing to describe general, non-specialized forms.

Negative

Often refers to something lacking positive attributes, harmful, or undesirable in nature.