The relative importance of housing in the breakdown of consumer spending is

The Soviet Union's economy grew rapidly in terms of GDP per hour worked in the 1950s, but eventually this growth slowed. Why did this occur?

A) Capital per hour worked grew rapidly from 1950 to 1980, but technological change occurred very slowly. B) The centrally planned economy invested too heavily in technological change. C) Increasing implementation of new technologies eventually suffered diminishing marginal returns. D) Capital per hour worked grew slowly, but technological change grew very rapidly.

Import taxes are levied to generate revenue and encourage imports

a. True b. False