An increase in technology that increases labor productivity will lead to a rightward movement along the productivity curve.

Name: An increase in technology that increases labor productivity will lead to a rightward movement along the productivity curve.
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Question

Quizplus · Accepted Answer

An increase in technology that increases labor productivity shifts the productivity curve outward, not a movement along the curve. This represents an increase in the potential output for any given amount of labor.

An Increase in Technology That Increases Labor Productivity Will Lead