Improvements and advances in technology: a) explain most of the economic growth in recent decades. b) are relatively unimportant for today's standard of living. c) caused the last recession. d) have slowed in the past 100 years.

Improvements and advances in technology: a) explain most of the economic growth in recent decades. b) are relatively unimportant for today's standard of living. c) caused the last recession. d) have slowed in the past 100 years.

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter16: Creating An Environment For Growth And Prosperity

Section: Chapter Questions

Problem 4CQ

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Question

Improvements and advances in technology:
a) explain most of the economic growth in recent decades.
b) are relatively unimportant for today's standard of living.
c) caused the last recession.
d)
have slowed in the past 100 years.

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