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Consider the following news headline: "Information technology costs for Canadian firms continue to drop." Choose the statement below that best describes the likely macroeconomic effect.
Q12: If national income is demand-determined,the condition for
Q16: Refer to Figure 21-2.The APC will be
Q33: Refer to Table 21-5.At the equilibrium level
Q48: A central assumption of the Neoclassical growth
Q61: What is sometimes called the "long-run aggregate
Q91: In macroeconomic analysis,the assumption that potential output
Q108: Refer to Table 21-6.The simple multiplier in
Q113: Refer to Figure 20-1.Which of the following
Q116: In the simplest macroeconomic model,with a closed
Q125: Refer to Figure 21-1.If disposable income is