
Two plausible hypothesis to explain the productivity slowdown are
A) globalization of capital markets and reductions in tariffs.
B) high interest rates and slower economic growth.
C) large government budget deficits and large balance of trade deficits.
D) adjustments to new technologies and failures in the educational system.
E) measurement problems and adjustments to new technologies.
Correct Answer:
Verified
Q28: In free-market economies
A) tend to produce socially
Q29: Money is differentiated from other assets due
Q30: The development most responsible for the wide-spread
Q31: Government surplus is the same as
A) government
Q32: Unemployment,at the aggregate level
A) is zero in
Q34: Countries gain from
A) trading goods and assets
Q35: In the long run,inflation is caused by
A)
Q36: New Keynesian Theory
A) specifies financial markets as
Q37: The Phillips curve represents a
A) short-run relationship
Q38: A trade-off between aggregate output and inflation
A)
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