Exploring Economics
Exploring Economics
8th Edition
ISBN: 9781544336329
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 18, Problem 10P
To determine

To explain:

The reason for belief that technological advances unavoidably displace the workers is false.

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Students have asked these similar questions
Why don’t wages measure the full return to labor? Why is human capital the most important factor of production in a modern economy?
What determines how productive workers are? How do gains in labor productivity lead to gains in GDP per capita?
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