You overhear a classmate making the claim that productivity-enhancing technological improvements will immediately benefit everyone in the economy. This statement is _____.(1 point) Responses false since technological improvements do not affect standards of living false since technological improvements do not affect standards of living true since no costs are associated with improvements in technology true since no costs are associated with improvements in technology false since technological improvements can lead to certain jobs becoming obsolete false since technological improvements can lead to certain jobs becoming obsolete true since human capital will be improved as well
1 answer
false since technological improvements do not affect standards of living