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.
A
Economics
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Producers' total revenue will increase if
A) income increases and the good is an inferior good. B) the price rises and demand is elastic. C) the price rises and demand is inelastic. D) income falls and the good is a normal good.
Economics
Monetarists maintain that the increase in the money supply can explain the inflation of the 1970s and 1980s when one considers the bonds purchased by the Fed to finance the federal deficits of the period
Indicate whether the statement is true or false
Economics