1
answer
0
watching
166
views

Q1. According to the research by Daron Acemoglu and Pascual Restrepo on 'The race between machines and humans: Implications for growth, factor shares and jobs'

A) labor will be replaced by machine automation in the next 30 years in the United States.

B) new occupations with complex tasks have emerged as complementary to the new capital, which replaces at the same time labor through automation.

C) labor will be replaced by machine automation in the next 60 years in the United States.

D) new occupations with complex tasks will completely replace automation devices and capital.

Ā 

Q2. International trade

A is one of the factors that can help to explain the widening of income inequality in the United States.

B can explain less than 5% of the increase in income inequality, according to estimates by Robert Feenstra.

C doesn't lead to any gain for the United States.

D is the only factor that can help to explain the widening of income inequality in the United States.

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Start filling in the gaps now
Log in