The productivity curve shifted more in the period between 1975 and 1995 than it did in the period between 1955 and 1975.

Question

Quizplus · Accepted Answer

Between 1955 and 1975, the productivity curve, which measures the rate of output per worker or per hour worked, generally saw more significant growth compared to the period between 1975 and 1995. The latter period is often characterized by a productivity slowdown in many advanced economies.

The Productivity Curve Shifted More in the Period Between 1975