Technological Progress Should Lead to

question 22

Multiple Choice

Technological progress should lead to

• A)an outward (rightward)shift in the investment function.
• B)a downward movement of the investment function.
• C)an unchanged investment function.
• D)less saving.

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Definitions:

Mental Representation

Internal cognitive symbols that represent external reality or abstract concepts, enabling understanding and reasoning.

Essences

The intrinsic nature or indispensable quality of something, especially something abstract, that determines its character.

DNA

Stands for Deoxyribonucleic Acid, which is a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Environment

The environment or circumstances under which a person, animal, or plant exists or functions.