What component of aggregate demand is influenced by technological change? What about for aggregate supply? How would
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What component of aggregate demand is influenced by technological change? What about for aggregate supply? How would improvements in productivity affect investment spending? Other things equal, how would improvements in the productivity of capital affect the interest rate?
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Answer Technological change primarily influences the component of aggregate demand known as investment spending Investment spending refers to expendit...View the full answer
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Related Book For 
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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