Multiple Choice
When new technologies are applied to the production and distribution of goods and services:
A) scarcity is eliminated.
B) diminishing returns to capital no longer hold.
C) diminishing returns to capital still hold.
D) average labor productivity decreases.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: Countries with small amounts of capital per
Q52: A government policy that allows retirement savings
Q53: The rise in average living standards experienced
Q54: _ start new economic enterprises, while _
Q55: Based on the table below and the
Q57: Additional economic growth should be pursued when:<br>A)new
Q58: The growth of real GDP per person
Q59: Empirical studies suggest that as real GDP
Q60: Business managers are people who:<br>A)engage exclusively in
Q61: Getting a college degree is an example