Which of the following is a potential negative impact of rapid technological innovation on the economy? A) Job creation B) Increased economic efficiency C) Technological unemployment D) Higher wages
Which of the following is a potential negative impact of rapid technological innovation on the economy? A) Job creation B) Increased economic efficiency C) Technological unemployment D) Higher wages
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter2: Production Possibilities Frontier Framework
Section: Chapter Questions
Problem 11QP
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![Which of the following is a potential negative impact
of rapid technological innovation on the economy?
A) Job creation
B) Increased economic efficiency
C) Technological unemployment
D) Higher wages](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8559c926-02c5-4b3b-a9b7-b81e017f6dba%2F1277ff84-7910-4422-9293-5ee6ef5f9bd0%2F94wbb99_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is a potential negative impact
of rapid technological innovation on the economy?
A) Job creation
B) Increased economic efficiency
C) Technological unemployment
D) Higher wages
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