Which of the following does Luddite reasoning get correct?
A) Historically, the demand for labor has actually increased as technology has advanced.
B) Labor is necessary for building and maintaining machines, and so increased demand for machines increases the demand for labor.
C) New technology tends to raise total output, leading to an increase in the demand for labor.
D) New technology frequently causes some specialized labor skills to become obsolete.
Correct Answer:
Verified
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