Over the Long Run,technological Change Increases Both Labor Productivity and Unemployment

question 20

True/False

Over the long run,technological change increases both labor productivity and unemployment rates.

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Definitions:

Precise Gripping

The act of seizing or holding firmly with accuracy.

Crocodilians

Large aquatic reptiles that include crocodiles, alligators, caimans, and the gharial, known for their tough skin, sharp teeth, and strong jaws.

Reptile Group

A category of ectothermic, vertebrate animals primarily characterized by their ability to lay eggs on land and having scales or scutes.