Strong growth in the U.S.during the 1990s may have been the result of
A)higher rates of government savings.
B)reduced international trade barriers.
C)strong labor productivity growth.
D)stable inflation.
E)All of the above

Question

Quizplus · Accepted Answer

All of the above factors contributed to the strong growth in the U.S. during the 1990s. Higher rates of government savings helped to reduce the budget deficit and promote long-term economic stability. Reduced international trade barriers allowed for increased trade and investment, which fueled economic growth. Strong labor productivity growth, driven in part by technological innovation, led to increased output and economic efficiency. Finally, stable inflation helped to promote consumer and investor confidence, which was a key driver of economic growth during this period.

Strong Growth in the U