If the use of AI increases demand for computers, software, servers, then this is an increase in ___________ would which shift ____________. consumption, short-run aggregate supply up/left investment, AD to the right investment, short-run aggregate supply down/right investment, AD to the left

If the use of AI increases demand for computers, software, servers, then this is an increase in _ would which shift __. consumption, short-run aggregate supply up/left investment, AD to the right investment, short-run aggregate supply down/right investment, AD to the left

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter27: Issues In Macroeconomic Theory And Policy

Section: Chapter Questions

Problem 12P

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Question

If the use of AI increases demand for computers, software, servers, then this is an increase in ___________ would which shift ____________.

consumption, short-run aggregate supply up/left

investment, AD to the right

investment, short-run aggregate supply down/right

investment, AD to the left

A sustained rise in stock market prices creates _____________ which would shift __________.

an increase in wealth, the AD curve to the right

a higher government budget deficit, the AD curve to the left

a decrease in wealth, the AD curve to the left

an increase in capital productivity, the AD curve to the right

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