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Refer to the Graph AD1A D _ { 1 } Intersects A

Question 240

Multiple Choice

   Refer to the graph. Assume that the economy is in initial equilibrium where AD  A D _ { 1 }  intersects A  A S _ { L R 1 }  If The economy experiences a change in technology that increases productivity and resources, then Real-business-cycle theory would suggest that this macroeconomic instability would eventually Produce a new equilibrium at point A)  B. B)  C. C)  D. D)  E. Refer to the graph. Assume that the economy is in initial equilibrium where AD AD1A D _ { 1 } intersects A
ASLR1A S _ { L R 1 } If
The economy experiences a change in technology that increases productivity and resources, then
Real-business-cycle theory would suggest that this macroeconomic instability would eventually
Produce a new equilibrium at point


A) B.
B) C.
C) D.
D) E.

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