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Homework answers / question archive / The introduction of the power loom during the Industrial Revolution caused: Multiple Choice economic growth

The introduction of the power loom during the Industrial Revolution caused: Multiple Choice economic growth

Economics

The introduction of the power loom during the Industrial Revolution caused:

Multiple Choice

  • economic growth.

  • the long-run aggregate supply curve to shift to the right.

  • an increase in the potential output of the economy.

  • All of these are true.

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The introduction of the power loom during the Industrial Revolution caused All of the following.

• Economin growth

• The long run aggregate supply curve to shift to the right.

• An increase in potential output of the economy by means of Technological enhancement.