Economists who believe that the recent increase in the average productivity growth rate may be permanent claim that the above- normal economic growth in the United States between 1995 and 2009 was caused by what factors? Please explain in your own words, and in at least 2 full paragraphs!!!

Economists who believe that the recent increase in the average productivity growth rate may be permanent claim that the above- normal economic growth in the United States between 1995 and 2009 was caused by what factors? Please explain in your own words, and in at least 2 full paragraphs!!!

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Economists who believe that the recent
increase in the average productivity growth
rate may be permanent claim that the above-
normal economic growth in the United States
between 1995 and 2009 was caused by what
factors?
Please explain in your own words, and in at
least 2 full paragraphs!!!

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