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Author Question: Which of the following is not true about technological progress? A) allow for the production of a ... (Read 49 times)

Kthamas

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on: Jun 30, 2018
Which of the following is not true about technological progress?
 
  A) allow for the production of a larger quantity of goods using the same number of workers
  B) lead to the production of new goods
  C) lead to the disappearance of old goods
  D) cause a reduction in employment in the short run
  E) none of the above

Question 2

The interest rate will increase as a result of which of the following events?
 
  A) an increase in income
  B) an open market purchase of bonds by the central bank
  C) a reduction in income
  D) all of the above
  E) none of the above


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joneynes

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


Kthamas

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Excellent

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