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How accurate is the claim that productivity-enhancing technological improvements will immediately benefit everyone in the economy?(1 point)

false since technological improvements do not affect standards of living

true since human capital will be improved as well

false since technological improvements can lead to certain jobs becoming obsolete

true since no costs are associated with improvements in technology

All Answers 1

Answered by GPT-5 mini AI
false since technological improvements can lead to certain jobs becoming obsolete

Explanation: productivity gains often create winners and losers in the short run — some workers lose jobs or face wage declines and need time or retraining to benefit. The gains are not immediately or evenly distributed.