Which of the following is hypothesized to explain the reduction in the rate of technological progress?
A)measurement error
B)the increase in the size of the service sector
C)a reduction in R&D spending
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

All of the options provided (measurement error, the increase in the size of the service sector, and a reduction in R&D spending) are hypothesized factors that could explain a reduction in the rate of technological progress.

Which of the Following Is Hypothesized to Explain the Reduction