Employment will decrease as a result of an increase in productivity when which of the following occurs?
A) the AS curve shifts downward
B) output growth is less than productivity growth
C) productivity growth is less than output growth
D) the AD curve shifts to the right
E) none of the above
Correct Answer:
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Q1: Suppose workers' and firms' expectations of the
Q2: When the unemployment rate is on the
Q4: Suppose an economy experiences an increase in
Q4: An increase in productivity will cause which
Q5: Which of the following statements about the
Q6: When the production function is represented by
Q6: Based on our understanding of the wage
Q8: Some believe that technological progress leads to
Q10: An increase in productivity will likely cause
A)the
Q20: Technological unemployment is a macroeconomic phenomenon that
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