Non-Neutral Technological Change Is More Valuable to Labor Than Neutral

question 85

True/False

Non-neutral technological change is more valuable to labor than neutral technological change.

---

Definitions:

Purchasing Power

The real value of money, reflecting how much goods or services one unit of money can buy.

Period

A length or portion of time, often defined for specific calculations or measurements.

Ratio

A quantitative relationship between two numbers showing how many times one value contains or is contained within the other.

Express

To show, manifest, or reveal something through words, gestures, actions, or artistic expression.