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Author Question: Technological advancements have led to lower prices and an increase in the sale of digital cameras. ... (Read 103 times)

rayancarla1

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Technological advancements have led to lower prices and an increase in the sale of digital cameras. How does this affect the digital photo printing paper market?
 
  A) The demand curve for digital photo printing paper shifts to the left.
  B) The supply curve for digital photo printing paper shifts to the left.
  C) The supply curve for digital photo printing paper shifts to the right.
  D) The demand curve for digital photo printing paper shifts to the right.

Question 2

If nominal GDP increases by 5 percent a year and the GDP price index rises by 2 percent a year, then real GDP increases by ________.
 
  A. 7 percent a year
  B. 3 percent a year
  C. 2.5 percent a year
  D. 10 percent a year


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Melissahxx

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rayancarla1

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Reply 2 on: Jun 29, 2018
Excellent


patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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