Embodied Technical Change Is One Reason Why

question 196

Multiple Choice

Embodied technical change is one reason why

• A) human capital is more valued in an economy than physical capital.
• B) the quality of capital had decreased.
• C) labor productivity has increased over time.
• D) increases in population decrease labor productivity.

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Definitions:

Thomas-Kilman Conflict Model

A framework that identifies five approaches individuals use to handle conflict: avoiding, accommodating, competing, compromising, and collaborating.

Compromiser

Someone who uses his or her skills to blend differences and form a workable alternative.

Basic Goals

Fundamental objectives or aims that an individual or organization strives to achieve.

Envious Person

An individual who feels discontent or covetousness with regard to another's advantages, success, or possessions.