Econ 102 quiz 5 (Econ_102)
American Public University
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Econ 102 quiz 5
- Exam (elaborations) • 5 pages • 2021
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Econ 102 quiz 5. Technological progress occurs when the economy gets more output 
A. without any more capital or labor. 
 
B. by using more capital per worker. 
 
C. by using more capital but not more workers. 
 
D. by using more labor but not more capital. 
Answer Key: A 
Question 2 of 10 10.0/ 10.0 Points 
If a firm increases its use of capital while holding constant the number of workers employed, the firm 
is said to experience 
A. capital augmentation. 
 
B. investment deepening. 
 
C. labo...
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