If technology advances,:
A) more output can be obtained from the same inputs.
B) more inputs are needed to produce the same output.
C) less output can be obtained from the same inputs.
D) less output can be produced even with more inputs.
Correct Answer:
Verified
Q62: Which change will NOT increase the productivity
Q63: If technology advances:
A) GDP per capita declines.
B)
Q64: The MOST important driver for economic growth
Q65: A factor that does NOT drive productivity
Q66: Workers today are more productive than workers
Q68: An example of human capital is a
Q69: The term human capital describes improvement:
A) made
Q70: The skills, training, and education possessed by
Q71: Which factor will NOT increase labor's productivity?
A)
Q72: Physical capital includes:
A) a worker's education or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents