Question: Do the recent high technological advances and productivity rates mean that the business cycle is dead? Multiple Choice O No, the fact there are many
Do the recent high technological advances and productivity rates mean that the business cycle is dead? Multiple Choice O No, the fact there are many start-up firms means that there will be more bankruptcies that will hurt the economy O No, the trend line for economic growth is just steeper, but there can still be economic downturns O Yes, the faster rate of productivity growth will eliminate recession. O Yes, the changes in technology have a compound, positive effect on the economy
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