Labour-Augmenting Technological Change Refers to Improvements in Efficiency That

Multiple Choice

Labour-augmenting technological change refers to improvements in efficiency that

A) occur without increasing the productivity of labour or the efficiency of capital goods.
B) increase the productivity of labour and the efficiency of capital goods.
C) increase the efficiency of capital goods without having to increase the productivity of labour.
D) increase the productivity of labour but that do not directly make capital goods more efficient.