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Microeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
Paul Krugman on the "New Economy"


Read "Speed Trap: The fuzzy logic of the 'New Economy.'" and answer the following questions.

Questions

  1. Does Krugman believe that we are experiencing a "New Economy?" Explain.
  2. Does Krugman cite any examples of past innovations that may have been more significant than recent ones?




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