Question 118
1 pts
Suppose that government agencies and private-sector companies begin to upgrade
the personal electronic devices of their workers at a more frequent pace. As a result,
the labor productivity of millions of American workers starts to increase. Within the
context of the AD/AS Model, how is America's macroeconomy impacted by this
event?
There will likely be an INCREASE in America's Aggregate Demand
There will likely be an INCREASE in America's Aggregate Supply
There will likely be a DECREASE in America's Aggregate Demand
There will likely be a DECREASE in America's Aggregate Supply