Which of the following supports the skeptics doubts about the idea that a "New Economy" had emerged in the late 1990s?
A)In early 2000,investment in computer equipment turned to negative growth.
B)A drop in productivity growth in 2001 was followed by a bounce-back of productivity growth in early 2002.
C)The opinion of Alan Greenspan,Chairman of the Federal Reserve System,concerning the pace at which technological innovations are being applied
D)None of the above.

Question

Quizplus · Accepted Answer

The fact that investment in computer equipment turned to negative growth supports the skeptics' doubts about the "New Economy" because it suggests that the supposed technological innovation and increased productivity may have been inflated or unsustainable.

Which of the Following Supports the Skeptics Doubts About the Idea