Due to a labor productivity growth of about 2.8 percent a year, which years are called "the golden years of productivity growth"?
A) 1947-1973
B) 1973-1982
C) 1982-1995
D) 1995-2005
E) 2005-2016

Question

Quizplus · Accepted Answer

The "golden years of productivity growth" are generally considered to be the years 1947-1973, during which time labor productivity in the United States grew at an average annual rate of about 2.8 percent. This high rate of productivity growth was due in part to the post-World War II boom, which led to significant investment in new technology, infrastructure, and human capital.

Due to a Labor Productivity Growth of About 2