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Increases in productivity due to the large scale adoption of information technology will: cause the price level to rise. increase the short run supply, but not the long run supply. impact short-run

Increases in productivity due to the large scale adoption of information technology will:

  cause the price level to rise.
  increase the short run supply, but not the long run supply.
  impact short-run aggregate supply, but not long-run aggregate supply.
  increase both the short run and long-run aggregate supply.
  impact aggregate demand, but not aggregate supply.

Jul 10 2021 View more View Less

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