Two Plausible Hypothesis to Explain the Productivity Slowdown Are

question 10

Multiple Choice

Two plausible hypothesis to explain the productivity slowdown are

• A) globalization of capital markets and reductions in tariffs.
• B) high interest rates and slower economic growth.
• C) large government budget deficits and large balance of trade deficits.
• D) adjustments to new technologies and failures in the educational system.
• E) measurement problems and adjustments to new technologies.

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Definitions:

Rule of Reason

A legal doctrine used to evaluate business practices based on their actual impact on competition, considering both their pro-competitive and anti-competitive effects.

Sherman Act

The Sherman Act is a foundational antitrust law in the United States, passed in 1890, that prohibits monopolistic practices and promotes competition.

Antitrust Laws

Regulations established to promote competition and prevent monopolies by restricting unfair business practices and mergers.

Federal Trade Commission

A U.S. federal agency responsible for enforcing laws against deceptive or unfair business practices.