Which of the following is apotential effect of automation onthe labor market?A. Increased demand formanual laborB. Job displacement in routinetasksC. Decrease in technology -related skillsD. Reduction in service sectorjobs

Option b: This option is correct because automation often leads to the displacement of jobs that…

Answered: Which of the following is a potential…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Which of the following is a potential effect of automation on the labor market? A. Increased demand for manual labor B. Job displacement in routine tasks C. Decrease in technology - related skills D. Reduction in service sector jobs