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Brittney Sylvia-Nicole
on Nov 11, 2024

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In the long run,changing technology on average has led to:

A) lower employment and lower wage rates.
B) higher employment and lower wage rates.
C) lower employment with wage rates unchanged.
D) higher employment with wage rates unchanged.
E) higher incomes and more leisure time.

Changing Technology

The ongoing evolution and innovation in technology that impacts how goods and services are produced, consumed, and delivered.

Employment

The condition of having a job or being employed in a paid position.

Wage Rates

The amount of money paid to a worker per unit of time, such as hourly, daily, or monthly, often subject to negotiations between employers and employees or unions.

  • Comprehend the effects of technological evolution on job opportunities and economic landscapes.
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Jaggu IngoleNov 12, 2024
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