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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