Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 30

In the late 1990s, the U.S. experienced a technology boom. In part the boom was due to a revolution in communication technology that resulted in a massive expansion of the Internet; in part the boom was due to households and firms purchasing new computer equipment in anticipation of Y2K. What two curves of the model would be affected by these events?