LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory Automation and AI adoption by financial institutions increase structural unemployment even as inflation rises. What is the most accurate explanation?

Question

LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory Automation and AI adoption by financial institutions increase structural unemployment even as inflation rises. What is the most accurate explanation?

Answer

Demand-pull inflation leads to higher employment in all digital sectors.

Answer

Technological progress directly reduces inflation through lower wages.

Answer

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

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

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