The Federal Reserve and economists concerned about inflation monitor changes in technology, knowing improvements in technology tend to O increase the quantity supplied as prices decrease. O increase supply and lower prices. O reduce offshoring and increase gainsharing. O decrease demand for technology.
The Federal Reserve and economists concerned about inflation monitor changes in technology, knowing improvements in technology tend to O increase the quantity supplied as prices decrease. O increase supply and lower prices. O reduce offshoring and increase gainsharing. O decrease demand for technology.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The Federal Reserve and economists concerned about inflation monitor changes in
technology, knowing improvements in technology tend to
O increase the quantity supplied as prices decrease.
O increase supply and lower prices.
O reduce offshoring and increase gainsharing.
O decrease demand for technology.
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