How is automation likely to affect the wage gap between skilled and unskilled workers in the long term? A. It will increase the wage gap, as skilled workers are more likely to benefit from automation. B. It will decrease the wage gap, as unskilled workers become more productive with automation. C. It will eliminate the wage gap, as all jobs become equally valued in an automated economy. D. It will have no effect on the wage gap, as automation impacts all workers equally.

How is automation likely to affect the wage gap between skilled and unskilled workers in the long term? A. It will increase the wage gap, as skilled workers are more likely to benefit from automation. B. It will decrease the wage gap, as unskilled workers become more productive with automation. C. It will eliminate the wage gap, as all jobs become equally valued in an automated economy. D. It will have no effect on the wage gap, as automation impacts all workers equally.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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