If a major technological breakthrough occurs, then the:
A)investment demand curve will shift downward.
B)investment demand curve will shift upward.
C)consumption function will shift downward.
D)consumption function will shift upward.
E)economy will move to a new point along the existing investment demand curve.

Question

Quizplus · Accepted Answer

A major technological breakthrough typically increases the potential returns on investment, leading to an upward shift in the investment demand curve as businesses are more willing to invest at each interest rate.

If a Major Technological Breakthrough Occurs, Then The