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Assume an economy experiences an increase in productivity that occurs as a result of a more ...

Munze

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Assume an economy experiences an increase in productivity that occurs as a result of a more ...

Assume an economy experiences an increase in productivity that occurs as a result of a more widespread implementation of a major technological breakthrough. Given this information, we would expect which of the following to occur?
A) aggregate demand would not change
B) aggregate demand would shift to the right
C) aggregate demand would shift to the left
D) both the aggregate demand and aggregate supply curves would shift to the left

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Macroeconomics

Edition: 6^th

Authors: Blanchard, Johnson

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Macroeconomics, 6/E (Blanchard, Johnson)

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Munze Author

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6 years ago

this is exactly what I needed

sleinhi

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Yesterday

Thanks for your help!!

alpheratz

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2 hours ago

Smart ... Thanks!

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