Technological changes can create dislocations as displaced workers try to find jobs elsewhere and at the same time make existing products more affordable

Indicate whether the statement is true or false

true

Economics

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A. Everything else remaining unchanged, what is likely to happen to the demand curve for coffee workers if:

i. there is a fall in the price of coffee. ii. there is an increase in the wage rate. iii. there is a rise in the price of coffee seeds. iv. a new fertilizer that increases the productivity of coffee farmers is invented. b. Everything else remaining unchanged, what is likely to happen to the supply curve of female workers if: i. the opportunity cost of working outside home decreases. ii. there is an increase in the wage rates.

Economics

Stabilization policy often faces a trade-off between inflation and unemployment

a. True b. False Indicate whether the statement is true or false

Economics