Favorable supply shocks should produce rapid economic growth with falling inflation.

Name: Favorable supply shocks should produce rapid economic growth with falling inflation.
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Favorable supply shocks, such as an increase in productivity or a decrease in input costs, can lead to an increase in output and economic growth. However, since the increase in output is not accompanied by an increase in demand, lower inflation is expected.

Favorable Supply Shocks Should Produce Rapid Economic Growth with Falling