19 The Productivity Watch According to former Federal Reserve chairman Alan Greenspan, IT investments in the 1990s
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19 The Productivity Watch 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.
Source: Fortune, 4 September 2006 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 
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ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
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