Which of the following is NOT true about technological progress?
A)allow for the production of a larger quantity of goods using the same number of workers
B)lead to the production of new goods
C)lead to the disappearance of old goods
D)cause a reduction in employment in the short run
E)none of the above

Question

Quizplus · Accepted Answer

All the statements A, B, C, and D are true about technological progress. Therefore, none of the statements is NOT true.

Which of the Following Is NOT True About Technological Progress