Technological change
A) increases potential GDP.
B) lowers the real wage rate.
C) decreases labor productivity.
D) has no effect on employment.
Correct Answer:
Verified
Q194: Saving and investment that increase a nation's
Q195: Which of the following contributes to an
Q196: If the quantity of capital per worker
Q197: An increase in labor productivity
A) labor supply
Q198: Which of the following contributes to an
Q200: Factors that influence labor productivity include .
A)
Q201: An increase in education and training
A) increases
Q202: On- the- job- training is an example
Q203: If the level of technology rises, real
Q204: A worker's stock of knowledge is known
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