A Technological Advancement Allows for

question 46

Multiple Choice

A technological advancement allows for

• A) a reduction in structural unemployment.
• B) a greater multiplier effect.
• C) a lesser multiplier effect.
• D) production of a greater quantity of output using a greater quantity of inputs.
• E) production of a greater quantity of output using the same or fewer inputs.

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Definitions:

Deceptive Advertising

Marketing practices that mislead or deceive consumers about the nature, characteristics, or benefits of a product or service.

Federal Trade Commission

A U.S. federal agency tasked with protecting consumers and promoting competition by preventing anticompetitive, deceptive, and unfair business practices.

Telemarketing Sales Rule

A regulation established to protect consumers from deceptive, abusive, or unfair telemarketing practices, including requirements on disclosures and consent.

Mail or Telephone Order Merchandise Rule

A Federal Trade Commission rule that requires sellers who solicit buyers through mail or phone orders to ship items within the time frame promised or, if no time is promised, within 30 days.