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.
A
Economics
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The mechanism behind the inflation insulation provided by a floating exchange rate is
A) Purchasing Power Parity. B) a fixed AA curve. C) market speculation. D) tight monetary policy. E) symmetry.
Economics
Other things remaining the same, an increase in the price of butter can be expected to
A) increase margarine sales. B) decrease margarine sales. C) increase butter sales. D) None of the above
Economics