Technical progress is usually classified into all of the following except
A) neutral
B) negative
C) labor saving
D) capital saving
Correct Answer:
Verified
Q3: Doubling L is likely to:
A)increases the relative
Q4: Doubling only the amount of L available
Q6: Dynamic factors in trade theory refer to
Q7: Doubling L with trade in a small
Q9: In the absence of trade,technical progress
A) tends
Q9: Technical progress that increases the productivity of
Q10: Doubling K with trade in a large
Q12: An increase in tastes of the import
Q13: Technical progress in the nation's export commodity:
A)may
Q16: If the output of a nations exportable
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