Which of the Following Is Not an Explanation for the Revival

question 70

Multiple Choice

Which of the following is not an explanation for the revival in the growth of productivity starting in the mid-1990s?

• A) Information and communication innovations are increasingly geared toward improving business processes and not consumer products.
• B) Faster computers have sped up data processing.
• C) Internet use has increased the efficiency of how firms buy and sell to each other and to consumers.
• D) Cell phones and wireless Internet access increase worker flexibility.

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Definitions:

8%

A percentage, often representing an interest rate, return on investment, or growth rate.

Annuity Contract

A financial product sold by financial institutions that provide a fixed stream of payments to an individual for a period of time.

8% Return

An investment objective or outcome where the investor aims to achieve an annual return of 8 percent on the invested principal.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.