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In Their Study on the Resurgence of Growth in the Late

Question 19

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In their study on the resurgence of growth in the late 1990s,Oliner and Sichel identified the following three sources of growth that were more than twice as important in the late 1990s as in the 1970s:


A) money supply, labor hours, and output.
B) information technology capital, labor quality, and greater efficiency.
C) population growth, research and development, and other capital.
D) foreign imports, the federal budget deficit, and technological change.
E) new products, tax-rate reductions, and labor hours.

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