It Is Sometimes Hard to Separate the Impact of Technology

question 44

Multiple Choice

It is sometimes hard to separate the impact of technology from that of investment because

• A) you can directly measure investment, but there is no way to quantify new technology.
• B) neither has been a major factor in economic growth for about 10 years now.
• C) technology has grown at a such a variable rate that its impact cannot be effectively measured.
• D) new technology is useful only when it is embodied in the physical capital financed through investment.
• E) neither activity is reflected in the prices we pay for goods and services.