Multiple Choice
Which of the following represents a dimension of technological progress?
A) larger quantities of output for given quantities of capital and labor
B) better products
C) a larger variety of products
D) new products
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Discuss several of the hypotheses concerning the
Q44: Suppose policy makers pass a budget that
Q45: Assume that an economy experiences both positive
Q46: The method of constructing a measure of
Q47: The rate of growth of output per
Q49: Graphically illustrate and explain the effects of
Q50: Which of the following will cause an
Q51: Explain what factors determine the slope of
Q52: Assume that an economy experiences both positive
Q53: Which of the following can help explain