Which of the following statements is true?
A) Technological innovation can cause unemployment in a country as a whole.
B) Technological innovation always complements labor.
C) Technological innovation can cause unemployment in a single industry.
D) Technological innovation always substitutes labor.
C
Economics
You might also like to view...
Unions tend to ________ import restrictions and ________ a higher minimum wage
A) favor; favor B) favor; oppose C) oppose; favor D) oppose; oppose
Economics
Compared with other countries in the OECD, U.S. government spending relative to GDP is
A) among the highest. B) about average. C) slightly below average. D) among the lowest.
Economics