Technological Advancements That Increase Labor's Productivity Shift the Labor Supply

question 206

True/False

Technological advancements that increase labor's productivity shift the labor supply curve to the right.

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Definitions:

Critical Theory

A philosophical approach to culture, literature, and art that seeks to confront the social, historical, and ideological forces and structures that produce and constrain it.

A Priori Method

A method of reasoning based on theoretical deduction rather than empirical evidence.

Critical Theory

A framework developed for critiquing society and culture by applying knowledge from the social sciences and the humanities.

Social Constructions

Concepts or perceptions of reality based on societal norms and interactions, which are constructed by members of a society.