Which of the Following Best Describes the Impact of Technological

Multiple Choice

Which of the following best describes the impact of technological change on labor?

A) Technology causes unemployment in the short run and lower incomes in the long run.
B) Technology causes unemployment in the short run and higher incomes in the long run.
C) Technology causes unemployment in the long run and higher incomes in the short run.
D) Technology causes unemployment in the long run and lower incomes in the short run.
E) Technology causes unemployment and lower incomes in both the long run and the short run.