QUESTION IMAGE
Question
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which of the following are some possible reasons for the slowdown in productivity growth rates starting in 2010?
□ accumulation of high debt levels
□ recent products like internet apps that are free and do not generate a measurable effect on gdp
□ increases in technological innovation
□ overcapacity
Brief Explanations
- High debt levels reduce business investment and consumer spending, slowing productivity.
- Free digital tools boost welfare but aren't counted in GDP-measured productivity.
- Overcapacity means underutilized resources, lowering productivity growth.
- Technological innovation typically raises productivity, so it is not a cause of slowdown.
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☑ Accumulation of high debt levels
☑ Recent products like Internet apps that are free and do not generate a measurable effect on GDP
☑ Overcapacity