LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory In an economy with increasing automation and online labor platforms, unemployment remains high even when inflation rises. What is the most accurate explanation?

Question

LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory In an economy with increasing automation and online labor platforms, unemployment remains high even when inflation rises. What is the most accurate explanation?

Answer

Automation directly reduces inflation by increasing wages in digital sectors.

Answer

Structural unemployment from technology adoption weakens the traditional inverse relationship between inflation and unemployment.

Answer

Demand-pull inflation lowers unemployment temporarily as digital workers earn more.

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LG 1. Knowledge Comprehension LO 1.1. Generate knowledge of core concept and...

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