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AP® Macroeconomics

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Economic Growth: Increase in Technology

APMACR-CWNUPC

What would happen if the United States had sudden increase in technological advancements?

A

Price level will decrease and real GDP will decrease.

B

Price level will decrease and real GDP will increase.

C

Price level will increase and real GDP will increase.

D

Price level is indeterminate and real GDP will increase.

E

Price level is indeterminate and real GDP will decrease.