Suppose an Economy Experiences an Increase in Technological Progress

question 17

Multiple Choice

Suppose an economy experiences an increase in technological progress.This increase in technological progress will

• A)allow more output to be produced with the same number of workers.
• B)allow the same amount of output to be produced with fewer workers.
• C)lead to changes in the types of goods produced.
• D)all of the above
• E) none of the above