Which of the Following Statements About the Effects of Automation

question 143

Multiple Choice

Which of the following statements about the effects of automation on employees is TRUE?

• A) In the long run,automation will create more jobs than are lost because of it.
• B) The majority of workers will lose their jobs when automation is used.
• C) More employees will be needed immediately after automation is implemented,but eventually the number required will decrease.
• D) There is no way to judge before implementation how many workers will be needed.
• E) Many of the workers now performing the jobs will be unable to perform the new automated jobs and will be fired.

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The reward garnered over time, generally in a consistent pattern, from occupational or investment sources.

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A concept in economics that predicts the utility or satisfaction a rational individual expects to receive from different outcomes, used in decision making under uncertainty.

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A form of gambling which involves drawing lots for a prize, often administered by state or federal governments.