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Q7. Which of the following statements about new business models and economic growth is true?* As we can watch ytube video programs without paying any

Q7. Which of the following statements about new business models and economic growth is true?*

As we can watch ytube video programs without paying any subscription fee, this business makes no contribution to economic growth.

If riding-share services continue to expand, it would lead to higher level of car production and more jobs for car manufacturing workers.

IT revolution and emergence of new technologies such as Artificial Intelligence are likely to result in higher share of capital income and lower share of labor income.

The governments should reduce its spending on education and training for workers to reap full benefits from digitalization of the nation's economy.

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