An advance in technology that results in increased productivity results in a
A) rightward shift of the labor demand curve.
B) rightward shift of both the labor supply and labor demand curves.
C) movement along the production function.
D) rightward shift of the labor supply curve.
Correct Answer:
Verified
Q141: If the demand for labor increases
I. employment
Q168: An advance in technology increases the productivity
Q169: If the population increases, then potential GDP
Q171: An increase in physical capital or a
Q172: Employment and (total) potential GDP increase if
Q174: An increase in a nation's population results
Q175: A decrease in the real wage rate
A)
Q176: An advance in technology that increases productivity
Q177: An increase in a nation's population results
Q178: If new capital increases labor productivity, the
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