The country of Alcazar has been growing at an impressive pace for the last five years. With improvements in​ technology, many industries have recorded remarkable growth in productivity. An​accountant, Lucas​ Eggers, however argues that people in the economy are not necessarily better off because mechanization and technology usually eliminate jobs. Toby​ Hartmann, who works at a​bank, disagrees with Lucas. He thinks that​ Alcazar's high economic growth and wellbeing have been driven by this increase in productivity.   Which of the following are Lucas and Toby most likely to agree​ with?

A. The aggregate supply curve in Alcazar has shifted outward.  
B. There is a shortage in the labor market.
C. The level of poverty in the economy has gone down.
D. Productivity gains have been fully transferred to workers.
E. The representative​ per-worker production function in Alcazar has become flatter.

Business
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