If the Productivity of Farmers Has Risen Substantially Over Time

question 110

Multiple Choice

If the productivity of farmers has risen substantially over time because of technological progress, and workers can move freely between being farmers and barbers, the neoclassical theory of distribution predicts that the real wage(s) of:

• A) both barbers and farmers should have remained constant over time.
• B) both barbers and farmers should have risen over time.
• C) farmers should have risen while the real wage of barbers should have remained constant.
• D) barbers should have risen while the real wage of farmers should have remained constant.

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Definitions:

Teratogens

Agents, such as chemicals or viruses, that can cause developmental malformations in an embryo or fetus.

Prenatal Development

The progression of maturation and expansion inside the womb from the moment of conception until delivery.

Prenatal Abnormalities

Anomalies or conditions affecting an embryo or fetus identified during pregnancy that may lead to birth defects or complications.

Genetic Counseling

A support service that provides individuals and families with information on the nature, inheritance, and implications of genetic disorders to help them make informed medical and personal decisions.