Which of the following is a correct statement of the relationship between advances in technology and the demand for labor?
A) The demand decreases for some types of labor and increases for other types of labor.
B) The demand for labor always decreases when technology advances.
C) The demand for labor always increases when technology advances.
D) Technology advances when the demand for labor advances.
E) None of the above answers is correct.

Question

Quizplus · Accepted Answer

Advances in technology can increase the productivity of certain types of labor, reducing the demand for those types of workers while increasing the demand for workers who can operate, maintain, and develop the new technology. Thus, the relationship between technology and demand for labor is complex and multifaceted.

Which of the Following Is a Correct Statement of the Relationship