Technological Changes That Reduce Transaction Costs and Expand the Availability

Multiple Choice

Technological changes that reduce transaction costs and expand the availability of low-cost access to information

A) increase GDP, but they generally fail to improve the welfare of people.
B) improve the well-being of people, but they often exert only a small impact on GDP, and sometimes they actually lead to a GDP reduction.
C) increase the consumer price index, but not the GDP deflator.
D) increase the GDP deflator, but not the consumer price index.