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

1 answer

false since the benefits of technological improvements may not be evenly distributed among all members of the economy