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Macroeconomics Midterm - Part 1 of 3!
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Problem 11
Problem 12
Problem 13
Problem 14
Problem 15
Problem 16
Problem 17
Problem 18
Problem 19
Problem 20
Problem 21
Problem 22
Problem 23
Problem 24
Problem 25
Problem 26
Problem 27
Problem 28
Problem 29
Macroeconomics Midterm - Part 1 of 3!
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3. Supply and Demand / Shifting Supply / Problem 22
Problem 22
A company adopts a new technology that doubles its production efficiency. How does this affect the supply curve?
A
The supply curve shifts to the right.
B
The supply curve shifts to the left.
C
There is a movement along the supply curve.
D
The supply curve becomes vertical.
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