Question: answer these questions ASAP i'll 1. Technological innovations increase demand for high-skill labor. Optional Answers: 1. True 2. False 2. Technological innovations increase demand for

answer these questions ASAP i'll

1. Technological innovations increase demand for high-skill labor. Optional Answers: 1. True 2. False 2. Technological innovations increase demand for low-skill labor. Optional Answers: 1. True 2. False 3. After the introduction of a usury law capping interest rates at 21% (red horizontal line), the equilibrium interest rate in the market for loanable funds depicted on the lecture slide will be 21% (the market equilibrium level will not change) Optional Answers: 1. True 2. False 4. Price controls are an efficient mechanism for disseminating information about the relative quality and scarcity of different goods while leads to an appropriate allocation of resources Optional Answers: 1. True 2. False

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