(Last Word) the Case of ATMs and Bank Tellers Illustrates

question 117

Multiple Choice

(Last Word) The case of ATMs and bank tellers illustrates that

• A) capital is primarily a substitute for labor.
• B) capital is, overall, a complement for labor, not a substitute.
• C) capital and labor are almost always used in fixed proportions.
• D) technological innovation is generally detrimental to employment.

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Definitions:

Systematic Desensitization

A therapeutic technique used to gradually reduce phobia or anxiety through controlled exposure to the feared object or situation in conjunction with relaxation exercises.

Involuntary Learning

The process of learning that occurs without the intention to learn, often reflexively or as a result of exposure to stimuli.

Automatic Learning

The unconscious assimilation of knowledge or skills through exposure and practice without explicit effort.

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.