An improvement in technology between two dates is called
A) innovation
B) inventory investment
C) invention
D) technological process
Correct Answer:
Verified
Q8: Labour alone cannot produce sustained economic growth.
Q9: Workers' productivity depends on technological knowledge and
Q10: The level of GDP is a good
Q11: Consumer spending encourages firms to produce more,
Q12: Technological knowledge enables improved productivity.
Q14: The production function curve can be used
Q15: Productivity is a measure of:
A)the amount of
Q16: In some East Asian countries, such as
Q17: In an economy with fixed capital and
Q18: Investment in equipment that manufactures goods more
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