In regards to the statement about the majority of economists not believing that future innovations will sustain high economic rates in the U.S. this is FALSE.
Why is the statement false?
Most economists believe that future innovation will allow for the United States and Western Europe to sustain their high economic growth rates.
They believe this because future innovation will change the way things are process and produced such that production will be more efficient and lead to high economic growth.
In conclusion, this is false.
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