An increase in worker productivity brought about by the introduction of new technology into the workplace will
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An increase in worker productivity brought about by the introduction of new technology into the workplace will
- shift the long-run Phillips curve to the left.
- shift the long-run Phillips curve to the right.
- decrease aggregate demand, since workers will lose their jobs.
- increase inflation in the short-run
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ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
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