
Impact of AI on Labor Demand
Interactive Video
•
Business, Social Studies, Other
•
9th - 12th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to labor demand when wages decrease, assuming other factors remain constant?
Labor demand becomes unpredictable
Labor demand remains unchanged
Labor demand contracts
Labor demand expands
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between labor demand and the market wage rate?
Complex relationship
No relationship
Inverse relationship
Direct relationship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used to describe the demand for labor based on the demand for goods and services?
Direct demand
Inelastic demand
Elastic demand
Derived demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT mentioned as influencing shifts in labor demand?
Change in product demand
Change in government policies
Change in worker productivity
Change in capital costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to labor demand when the price of the product being produced increases?
Labor demand decreases
Labor demand becomes volatile
Labor demand increases
Labor demand remains constant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might AI and robotics affect labor demand in the construction industry?
Increase demand for manual labor
Decrease demand for labor due to automation
Increase demand for unskilled labor
Have no impact on labor demand
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a substitute for labor mentioned in the video?
Energy
Capital
Natural resources
Human resources
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