Disembodied technical change is one reason why
A) human capital is more valued in an economy than physical capital.
B) the quality of capital had decreased.
C) labor productivity has increased over time.
D) increases in population decrease labor productivity.

Question

Quizplus · Accepted Answer

Disembodied technical change refers to improvements in technology or knowledge that do not require changes in physical capital or labor input. These changes can lead to increases in labor productivity, as workers are able to produce more output with the same amount of input. Therefore, labor productivity has increased over time due to disembodied technical change.

Disembodied Technical Change Is One Reason Why