Recall the Application about the relationship between the growth in productivity in the United States and
the Internet and information technology to answer the following question(s) . U.S. productivity growth
increased in the last half of the 1990s. Economists question whether the computer and Internet revolution
are responsible for this increase in productivity growth, and whether the increase is permanent or
temporary.
-According to this Application, using growth accounting has led economists to believe that the slowdown in labor productivity in the United States can NOT be explained by
A) increased rates of capital deepening.
B) a slowdown in technological progress.
C) changes in the quality or experience of the workforce.
D) higher energy prices.
Correct Answer:
Verified
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