It Has Been Argued That the Information Technology Age Has

question 17

Multiple Choice

It has been argued that the information technology age has greatly increased productivity and potential output. If this is true:

• A) the long-run real interest rate is also higher as a result.
• B) nominal long-run interest rates should have increased.
• C) we should have seen lower short-run interest rates than we have seen.
• D) the long-run real interest rate is lower as a result.

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Definitions:

Document

A written, printed, or electronic record that provides information or evidence.

Consistency

The quality of always behaving or performing in a similar way, or the quality of being logical and not containing any contradictions.

Special Effects

Special effects are techniques used in various media to create illusions or visual tricks, often in movies, television, and video games.

Business Presentations

Formal talks or demonstrations given in a business context to convey information, pitch ideas, or present findings to an audience.