Technological Progress Generally Has the Effect of

question 6

Multiple Choice

Technological progress generally has the effect of

• A) creating permanently higher levels of unemployment.
• B) freeing resources that can now go to other uses.
• C) lowering the national standard of living.
• D) doing all of the above.

---

Definitions:

Cent

A Cent is a monetary unit that represents one hundredth of the base unit of currency in many countries, such as the United States dollar, Euro, and others.

Decimal Equivalent

A fraction or percentage expressed as a decimal number.

Percent Equivalent

A way to express a part of the whole number as a percentage.

Rounded

Adjusted to the nearest specified value, often to simplify numbers for ease of calculation or reading.