Businesses increase the quantity and quality of technology

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According to the AD-AS model, what would occur to the price level and real Y if: (a) The government runs a deficit. (b) Businesses increase the quantity and quality of technology. (c) The Federal Reserve decreases the money supply and there is an increase in the labor force. (d) Both (a) and (b) occur at the same time

Reference no: EM131099443

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