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How Has Technology Enabled Individuals to Benefit from Higher Wages

Question 47

Multiple Choice

How has technology enabled individuals to benefit from higher wages?


A) Technology has helped increase incomes around the world through increased opportunities for buyers and sellers to connect.
B) Technology has caused firms' efficiency to vastly increase, meaning higher prices and margins on products.
C) Firms are now able to pay their employees much more money because technology has automated the majority of work functions previously done by employees.
D) Technology has enabled employees to work remotely, meaning they can now work more than one job and thus increase their income.

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