In Their Study on the Resurgence of Growth in the Late

question 5

Multiple Choice

In their study on the resurgence of growth in the late 1990s,Oliner and Sichel identified the following three sources of growth that were more than twice as important in the late 1990s as in the 1970s:

• A) money supply, labor hours, and output.
• B) information technology capital, labor quality, and greater efficiency.
• C) population growth, research and development, and other capital.
• D) foreign imports, the federal budget deficit, and technological change.
• E) new products, tax-rate reductions, and labor hours.

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Definitions:

Core Values

Fundamental beliefs or principles that guide the behavior and decision-making within an organization.

Pre-Observable Culture

Refers to the underlying beliefs, assumptions, and values that exist within an organization but are not immediately visible or easily detectable.

Workplace Spirituality

A framework within organizations that promotes employees' sense of purpose through work, respects their inner lives, and integrates their core values and beliefs into the workplace.

Ecological Fallacy

The error of making inferences about individuals based solely on aggregate data collected at the group level.