Technological change
A) lowers the real wage rate.
B) decreases labor productivity.
C) has no effect on employment.
D) increases potential GDP.
Correct Answer:
Verified
Q156: When labor productivity increases, the demand for
Q157: If real GDP is $11,750 billion and
Q158: An increase in labor productivity relates to
A)
Q159: Labor productivity is defined as
A) total output
Q160: An increase in labor productivity _ the
Q162: An increase in labor productivity shifts the
Q163: A decrease in population shifts the
A) labor
Q164: All of the following contribute to labor
Q165: If new capital increases labor productivity, the
Q166: 
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