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What can be inferred about the impact of technology on productivity from the mix

Practice Questions

Q1
What can be inferred about the impact of technology on productivity from the mixed graph?
  1. Technology has no effect on productivity.
  2. Productivity has increased due to technological advancements.
  3. Technology has decreased productivity in certain sectors.
  4. The impact of technology on productivity is negligible.

Questions & Step-by-Step Solutions

What can be inferred about the impact of technology on productivity from the mixed graph?
  • Step 1: Look at the graph to see how productivity levels change over time.
  • Step 2: Identify any points on the graph where technology advancements are noted.
  • Step 3: Compare the productivity levels before and after these technology advancements.
  • Step 4: Notice if there is an increase in productivity after the introduction of new technology.
  • Step 5: Conclude that the increase in productivity is likely due to the impact of technology.
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