According to former Federal Reserve chairman Alan Greenspan, IT investments in the 1990s boosted productivity, which boosted
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According to former Federal Reserve chairman Alan Greenspan, IT investments in the 1990s boosted productivity, which boosted corporate profits, which led to more IT investments, and so on, leading to a nirvana of high growth.
Which of the growth theories that you’ve studied in this chapter best corresponds to the explanation given by Mr. Greenspan?
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Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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