Relate each of the following to the recent productivity acceleration: a. Information technology. b. Increasing returns. c.

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Relate each of the following to the recent productivity acceleration:
a. Information technology.
b. Increasing returns.
c. Network effects.
d. Global competition.

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:52 AM

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Relate each of the following to the recent productivity acceleration: a. Information technology. b. Increasing returns. c.

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a b The rate of productivity growth has grown substantially due to innovations using microchips comp...View the full answer

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