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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (20722)7/3/2002 8:39:51 PM
From: LLCF  Read Replies (1) of 74559
 
<<The reason we are seeing high productivity right now is because demand and output is increasing but workers are not being rehired. More stuff produced + same number of workers = high productivity. What this has to do with an economic collapse is beyond me,>>

But we saw high productivity all along, so how you come to your conclusions is beyond me... especially since enemployment has been INCREASING all along but maybe one period. What this has to economic colapse is that productivity increased swiftly in the 30's as well.

DAK
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