Most economists generally argue ________ trying to block technological advances because these technological advances ________.
A) in favor of; cause the economy to grow to rapidly
B) in favor of; increase wage inequality
C) against; are necessary for improved standards of living
D) against; promote wage equality
Correct Answer:
Verified
Q64: A Luddite is:
A)someone who opposes the introduction
Q65: Technological change that affects the marginal products
Q66: The movement of workers between jobs, firms,
Q67: Macroland produces dishes and glassware. Before trade,
Q68: Skill-biased technological has different effects on the
Q70: An increase in the demand for workers
Q71: In recent decades, slower growth in the
Q72: Two explanations for increasing wage inequality are
Q73: Globalization _ the wages of workers in
Q74: Increasing wage inequality results when international trade
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