The development of complex algorithms that perform "brain work" in the future is likely to:
A. increase the number of jobs requiring little thought.
B. higher income equality.
C. increase overall employment.
D. lengthen the overall workweek.
Answer: A
Economics
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Private goods are those for which consumption is
A) rival and excludable. B) rival and nonexcludable. C) nonrival and excludable. D) nonrival and nonexcludable.
Economics
In markets, prices move toward equilibrium because of
a. the actions of buyers and sellers b. government regulations placed on market participants. c. increased competition among sellers. d. buyers' ability to affect market outcomes.
Economics