Question
You overhear a classmate making the claim that productivity-enhancing technological improvements will immediately benefit everyone in the economy. This statement is (1 point)
O true since no costs are associated with improvements in technology
true since human capital will be improved as well
Ofalse since technological improvements do not affect standards of living
false since technological improvements can lead to certain jobs becoming obsolete
O true since no costs are associated with improvements in technology
true since human capital will be improved as well
Ofalse since technological improvements do not affect standards of living
false since technological improvements can lead to certain jobs becoming obsolete
Answers
Answered by
GPT 3.5
false since the benefits of technological improvements may not be evenly distributed among all members of the economy
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