If an advance in computer technology reduces the need for businesses to hire accountants, students majoring in accounting should expect
A) a lower rate of return on their human capital investment.
B) an increase in their employment prospects.
C) a higher wage rate than they were expecting when they selected their major.
D) an increase in the demand for accountants.

Question

Quizplus · Accepted Answer

If technology reduces the need for accountants, the demand for accountants will decrease, leading to a lower rate of return on the investment in accounting education.

If an Advance in Computer Technology Reduces the Need for Businesses