An increase in ________ increases potential GDP and ________ aggregate supply.
A) the money wage rate; decreases
B) technology; decreases
C) the money price of oil; decreases
D) technology; increases
E) the money wage rate; increases

Question

Quizplus · Accepted Answer

An increase in technology enhances productivity, which in turn increases potential GDP and expands aggregate supply.

An Increase in ________ Increases Potential GDP and ________ Aggregate

An Increase in Increases Potential GDP and Aggregate