Improvements in Information Technology Over the Past Decade Have Enhanced

question 172

Multiple Choice

Improvements in information technology over the past decade have enhanced labor productivity. What has been a likely result of this change?

• A) Capital productivity has declined.
• B) Unemployment has increased.
• C) The rate of economic growth has increased.
• D) Entrepreneurs no longer have an incentive to invest in information technology.

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Definitions:

Meeting Minutes

A written record of the main points and decisions made during a meeting.

Three-Dimensional Theory

A conceptual framework that views phenomena or subjects from three critical and intersecting aspects or dimensions.

Autocratic

A leadership style where decision-making is centralized in the leader, with minimal input from group members.

Democratic

Pertaining to a system of government or decision-making that is controlled by the majority of its members, often emphasizing equality and individual rights.