An Increase in Technology That Enhances Labor Productivity Will Likely

Multiple Choice

An increase in technology that enhances labor productivity will likely result in:

A) a decrease in labor employment and an increase in the wage rate.
B) an increase in labor employment and an increase in the wage rate.
C) a decrease in labor employment and a decrease in the wage rate.
D) an increase in labor employment and a decrease in the wage rate.
E) employers using less labor and more capital while the wage effect is unknown.