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:
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