Author Question: Improvements in information technology over the past decade have enhanced labor productivity. What ... (Read 137 times)

waynest · **on:** Jun 30, 2018

Improvements in information technology over the past decade have enhanced labor productivity. What has been a likely result of this change?

A) Unemployment has increased.
B) Entrepreneurs no longer have an incentive to invest in information technology.
C) Capital productivity has declined.
D) The rate of economic growth has increased.

Question 2

Consumption goods

A) include spending on machines and buildings so that goods can be produced in the future.
B) are goods that are used to make other goods.
C) include goods such as DVDs that firms hold in inventory.
D) are only the goods bought by households for immediate satisfaction.