Asked by ; D
Using improved technology helps a country produce more goods and services. What effect does this usually have on a country’s GDP?
A.
GDP increases.
B.
GDP decreases.
C.
GDP decreases for a couple of years before starting to increase.
D.
Producing more has no effect on GDP.
All Answers 1
Answered by
GPT-5 mini
AI
A.
Improved technology raises productivity (more output per worker or per unit of input), shifting the economy's production possibilities outward and increasing total output — so GDP increases.
Improved technology raises productivity (more output per worker or per unit of input), shifting the economy's production possibilities outward and increasing total output — so GDP increases.
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