Technological Progress Often Results In

Multiple Choice

Technological progress often results in:

A) a fall in investment as firms can produce more output for fewer inputs, including capital.
B) a rise in investment as firms try to take advantage of these improvements.
C) no change in investment, as a rise in some investment is offset by decreases in other areas of investment.
D) a rise in investment only if it is accompanied by a fall in the interest rate.