Technological Change, Such as the Information Technology Revolution of the 1990s

question 143

Multiple Choice

Technological change, such as the information technology revolution of the 1990s can shift the aggregate supply curve outward.If, at the same time, the government is decreasing spending, the most likely outcome of these two factors is a(n)

• A)increase in the price level.
• B)decrease in the price level.
• C)increase in real GDP.
• D)decrease in real GDP.

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Definitions:

Working Relationship

Refers to a cooperative and usually task-oriented connection or interaction between individuals or groups.

Perceived Caring

An individual's sense or feeling of being cared for or nurtured by others, often associated with compassion and emotional support.

Treatment Plan

A detailed proposal for therapy targeting a patient's specific problems, including goals, intervention strategies, and expected outcomes.

Discharged Sooner

Refers to the process of allowing a patient to leave a hospital or medical facility earlier than expected or planned.