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Technological Progress Allows Workers to Produce More

Question 72
Multiple Choice

Technological progress allows workers to produce more: A) because it increases the amount of physical capital available. B) because it increases the amount of human capital available. C) even when the amount of physical capital and human capital do not change. D) only if the amount of physical capital grows at the same rate.

Related questions
Q 73
A reason that does NOT explain why average workers in the United States today produce more than their counterparts did a century ago is that the modern worker: A) is better educated. B) has more physical capital to work with. C) has better technology to work with. D) works longer hours.
Q 74
An example of physical capital is a: A) truck that a company purchases for deliveries. B) worker who physically learns to work on a truck his company buys. C) truck that a worker buys for personal use. D) a truck a company purchases for work, a worker who physically learns to work on a truck his company buys, or a truck a worker buys for personal use.
Q 75
If technology advances,: A) more output can be obtained from the same inputs. B) more inputs are needed to produce the same output. C) less output can be obtained from the same inputs. D) less output can be produced even with more inputs.
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