Multiple Choice
When they were first introduced, ATMs
A) were a substitute for bank tellers, but eventually became a complement.
B) were a substitute for bank tellers, and their existence has continued to depress the demand for tellers.
C) were a complement to bank tellers, but over time have replaced them.
D) had no effect on the demand for bank tellers.
Correct Answer:

Verified
Correct Answer:
Verified
Q347: Assume that a restaurant is hiring labor
Q348: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q349: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q350: The fact that monopoly and monopsony exist
Q351: Other things equal, the relationship between the
Q353: Under pure competition, the market price of
Q354: An increase in the price of capital
Q355: From 2016 to 2026, the U.S. Bureau
Q356: The demand for a resource will shift
Q357: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the