Recall Application 4, "Growth Accounting and Information Technology," to answer the following questions:
-According to the application, the proponents of the "New Economy" believe that the increased labor productivity is caused by:
A) more defined property rights.
B) innovations in healthcare.
C) agricultural innovations.
D) the computer and internet revolution.
Correct Answer:
Verified
Q64: Suppose that during the last year growth
Q65: The best measure of economic growth is:
A)
Q66: Recall Application 3, "Sources of Growth in
Q67: Using a production possibility curve, economic growth
Q68: Governments in developing countries can hinder economic
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