According to the IS-MP-PC Model, a Technological Innovation Leading to a Higher

question 12

Multiple Choice

According to the IS-MP-PC model, a technological innovation leading to a higher long-run level of output causes

• A)higher inflation.
• B)temporarily lower GDP.
• C)no change in GDP.
• D)higher GDP.

---

Definitions:

Internet Behavior

The actions and habits of users while online, including browsing, shopping, socializing, and consuming content on the internet.

Online Consumer

An individual who purchases goods or services via the internet.

Electronic Shopping Agents

Software or online tools that help consumers find products and compare prices online to facilitate easier and informed purchasing decisions.