Economics · Technological Change
A technological change in the economy is said to be neutral when ___________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1it is neither capital-saving nor labour-saving✓
- 2it is both capital-saving and labour-saving
- 3it does not affect production levels
- 4it happens without any new investments
Correct answer
it is neither capital-saving nor labour-saving
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