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Answer:
Effect on living standards. ...
Pressure on public services and government borrowing.
increase in aggregate demand (AD).
A rise in unemployment If productivity is growing at 3% a year, then new technology will enable firms to produce more output with fewer workers. ...
Effect on living standards. ...
Pressure on public services and government borrowing.
Related.
Effect on living standards. ...
Pressure on public services and government borrowing.
Related.