Technological change
A) lowers the real wage rate.
B) increases potential GDP.
C) decreases labor productivity.
D) has no effect on employment.
Correct Answer:
Verified
Q159: Q160: If real GDP is $11,750 billion and Q161: If capital per hour of labor increases, Q162: Labor productivity increases with Q163: Saving and investment that increase a nationʹs Q165: If capital per worker rises, Q166: Which of the following contributes to an Q167: All of the following contribute to labor Q168: Factors that influence labor productivity include _. Q169: A higher savings rate that leads to
A) increases in depreciation.
B)
A) labor productivity
A)
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