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According to the Theory of New Classical Economics, If Productivity

question 64

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According to the theory of new classical economics, if productivity decreases, the aggregate supply curve shifts _____ and the price level rises, while aggregate output_____.


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Economics Final

A comprehensive examination or assessment that concludes an academic course in economics, testing students' understanding and knowledge of economic principles.

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An evaluation or test focusing on past events and their significance, causes, and effects.

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A site or mine from which gold is extracted; metaphorically, a source of wealth or a valuable resource.

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A structure designed primarily for the purpose of housing offices and businesses, providing a workspace for employees and services for clients.

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