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If the Rate of Technological Change Increases,the Result Will Be

Question 92

Multiple Choice

If the rate of technological change increases,the result will be that


A) the growth rate of productivity will decrease and firms' profits will increase
B) the growth rate of productivity will increase and firms' profits will decrease
C) most individuals will likely lose their jobs due to lack of skills
D) the growth rate of productivity will increase and living standards will increase
E) firms' profits will increase and living standards will decrease

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