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During the Internet Revolution in the Late 1990s, a Positive

Question 151

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During the Internet revolution in the late 1990s, a positive real shock shifted the long-run aggregate supply curve to the right, which led to:


A) a decrease in both real growth rate and the inflation rate.
B) an increase in both real growth rate and the inflation rate.
C) a decrease in real growth rate and increase in the inflation rate.
D) an increase in real growth rate and decrease in the inflation rate.

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