Multiple Choice
A slowdown in the United States' rate of increase in productivity is of concern to policy makers because it
A) reduces our dependency on imports.
B) may contribute to a higher rate of inflation.
C) shifts the Phillips curve downward to the left.
D) forces interest rates too low.
E) makes foreign producers less competitive.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which of the following is cited as
Q3: Most available evidence suggests that the U.S.technological
Q4: High rates of inflation discourage research and
Q5: In their study on the resurgence of
Q6: Which of the following government policies discourages
Q7: An important disadvantage of incremental tax credits
Q8: In 1840,the country with the highest per
Q9: Productivity is measured by the<br>A) rate of
Q10: A major contribution to economic growth comes
Q11: Economic growth is generally measured by the