Multiple Choice
In the late 1970s, people feared that the introduction of computers into the workplace would create enormous unemployment because secretaries and data entry clerks would be unemployed. This was a baseless fear, at least for the long run, because
A) computers and employment are unrelated
B) the elasticity of work with respect to technology is positive
C) technologies that enhance productivity will reduce the supply of labor
D) technologies that enhance productivity will reduce the demand for labor
E) technologies that enhance productivity will increase the demand for labor
Correct Answer:

Verified
Correct Answer:
Verified
Q39: An upward-sloping supply curve of labor implies
Q40: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit O-8,
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -In Exhibit O-11,
Q42: In a perfectly competitive market with 1,000
Q43: If more and better technology is used
Q45: When road construction crews work at less
Q46: An upward-sloping labor supply curve reflects the<br>A)
Q47: Typically, division of labor and specialization result
Q48: Which of the following can shift the
Q49: The marginal physical product of labor is