
Two plausible hypotheses to explain the productivity slowdown are
A) measurement problems and adjustments to new technologies.
B) large government budget deficits and large balance of trade deficits.
C) globalization of capital markets and reductions in tariffs.
D) adjustments to new technologies and failures in the educational system.
Correct Answer:
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Q49: A trade-off between aggregate output and inflation
A)
Q50: The major contributor to the long-run improvement
Q51: Unemployment,at the aggregate level.,
A) is avoidable.
B) is
Q52: In the 2008-09 recession,the government deficit
A) stayed
Q53: Over the long run,taxes and government expenses
Q55: Unemployment is good from a social point
Q56: The Beveridge curve is
A) a positive relationship
Q57: Average labor productivity is defined as
A) per-capital
Q58: A good measure of productivity is
A) the
Q59: The U.S. government budget was
A) continuously in
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