Macroeconomics

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Between 1968 and 1980, the US economy experienced a slowdown in productivity growth. However, since the mid 1980s, the economy has experienced increases in the growth rate in productivity. Can you give reasons why US productivity growth started to increase during the late 1980s and continued throughout the decade of the 1990s?

  • Macroeconomics -

    Computers, faster telecommunications, and the reduction of several trade barriers (NAFTA and GAPP) to name 3.

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