Who gains and who loses when robots replace workers?
A) Displaced workers gain, and robot owners lose.
B) Robot owners gain, and displaced workers lose.
C) Low-wage workers gain, and robot manufacturers lose.
D) Workers gain, and robots lose.
Correct Answer:
Verified
Q55: The _ principle explains why the loss
Q56: Who gains the most when robots replace
Q57: The long-run effect of laws that raise
Q58: Consider the labor market, predict which of
Q59: When technology replaces low-skilled jobs in one
Q61: When robots replace workers in performing a
Q62: Technological change _ productivity.
A)makes cyclical changes in
B)stabilizes
C)diminishes
D)boosts
Q63: In a labor market, workers _ labor,
Q64: An individual's time is divided into the
Q65: When you are working in the labor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents