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    Macroeconomics Study Set 11
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    Exam 13: Technological Progress: the Short, the Medium, and the Long Run
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    The Number of Workers Employed Will Not Change as a Result
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The Number of Workers Employed Will Not Change as a Result

Question 3

Question 3

Multiple Choice

The number of workers employed will not change as a result of an increase in productivity when which of the following occurs?


A) The AS curve shifts downward.
B) Output growth exceeds productivity growth.
C) Productivity growth is equal to output growth.
D) The AD curve shifts to the right.
E) none of the above

Correct Answer:

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