There is an inverse relationship between the present value of a future amount and the interest rate used for discounting

In the United States, the average length of expansions from 1950 to 2009 was more than twice as long than they were from 1900 to 1950

Indicate whether the statement is true or false

Labor productivity increased so much in the second half of the 1990s because of

A) improved information and communications technologies. B) higher levels of educational attainment by workers. C) cheaper foreign imports used in production. D) increased foreign competition.