Which of the following was given as a reason to doubt the idea of "New Economy"?
A) High growth in computer investment could not be sustained.
B) Actual real GDP could not continue to grow slower than natural real GDP growth.
C) Inflation could not be reduced by a higher productivity growth rate.
D) All of the above.
A
Economics
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Inflation must be high in Moscow because it is very expensive to live there
Indicate whether the statement is true or false
Economics
Legislators who must stand for re-election every two years will tend to support
A) policies beneficial to all the people eligible to vote. B) policies beneficial to all the people now living. C) policies beneficial to all present voters and future generations of voters. D) policies promising early benefits and deferred costs. E) policies representing the public interest.
Economics