Multiple Choice
Which of the following is not true about technological progress?
A) Cause a decrease in unemployment in the medium run.
B) Lead to the disappearance of old goods.
C) Cause a decrease in unemployment in the short run.
D) Allow for the production of a larger quantity of goods using the same number of workers.
E) Lead to the production of new goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Which of the following represents the broad
Q26: When was the last year that GDP
Q27: Based on our understanding of the price-
Q28: Explain what effect a decrease in productivity
Q29: Assume that expectations of productivity are slow
Q31: Because of labour hoarding, an increase in
Q32: "Churning" refers to:<br>A) the increase in productivity
Q33: Which of the following would increase the
Q34: Assume that expectations of P and A
Q35: Assume an economy experiences an increase in