Multiple Choice
It has been argued that the information technology age has greatly increased productivity and potential output. If this is true:
A) the long-run real interest rate is also higher as a result.
B) nominal long-run interest rates should have increased.
C) we should have seen lower short-run interest rates than we have seen.
D) the long-run real interest rate is lower as a result.
Correct Answer:

Verified
Correct Answer:
Verified
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