How, according to Brynjolfsson et al., will automation reverse the outsourcing of unskilled labor?
a. Automation will allow unskilled labor to transition to skilled labor.
b. Automation will reduce incentives to hire unskilled labor
c. Automation will cause production to move from where labor is cheapest to where the final markets are.
d. Automation will create a market for handmade goods.
c
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Angel McClary Raich and Diane Monson filed suit against the federal government in which state?
a. Texas b. Oklahoma c. California d. Arizona
Suppose state A has to decide whether to go to war against state B or to remain in the status quo. A’s utility from the status quo is 0.81. A has 100 units of power, and B has 20 units of power. A’s probability of winning is 0.8. A’s utility from winning is 1, and A’s utility from losing is 0. Suppose A chooses not to go to war and remains in the status quo. This implies that:
a. A state that is relatively happy with the status quo might not attack even if it is much more powerful than the other state. b. A is irrational. c. A is risk-averse. d. States never put their security at risk.