Steadily improving improvements in technology, other things being equal, will result in
A) no change in the price level and steadily increasing output.
B) persistent deflation
C) steadily rising price level (inflation) and steadily increasing output.
D) a steadily falling price level with no change in output.

Question

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The Answer of Steadily improving improvements in technology, other things being equal, will result in
A) no change in the price level and steadily increasing output.
B) persistent deflation
C) steadily rising price level (inflation) and steadily increasing output.
D) a steadily falling price level with no change in output.

Steadily Improving Improvements in Technology, Other Things Being Equal, Will