Exam 23: Productivity,growth,and Technology Policy

A slowdown in the United States' rate of increase in productivity is of concern to policy makers because it

Which of the following is cited as a reason for the productivity swings in the United States?

Most available evidence suggests that the U.S.technological lead over other countries is

High rates of inflation discourage research and development by

In their study on the resurgence of growth in the late 1990s,Oliner and Sichel identified the following three sources of growth that were more than twice as important in the late 1990s as in the 1970s:

Which of the following government policies discourages technological innovation?

An important disadvantage of incremental tax credits to encourage industrial research and development is that they

In 1840,the country with the highest per capita output was

Productivity is measured by the

A major contribution to economic growth comes from

Economic growth is generally measured by the rate of increase in

In 2009 the federal government was the source of ________ percent of all R&D funds.

Incremental research and development tax credits

Technological change

Excluded from a list of reasons often cited as responsible for the slowdown in U.S.productivity during the 1970s is the

In a 1999 study,Professor Robert Gordon showed that the gains in productivity during the 1990s

Supply-siders typically advocate

Which of the following would be conducive to developing and commercializing a new technology?

The relationship between the amount of income tax revenue collected and the marginal tax rate is called the

New methods of producing existing products and new designs that make it possible to create new products are forms of