Productivity in the United States doubled between 1948 and 1990. However, the work week didn't get shorter. As a result,
A) income taxes were raised.
B) the standard of living increased.
C) corporate downsizing reduced the number of people in the workforce.
D) the pay of CEOs skyrocketed.
E) health care benefits of workers more than doubled between 1948 and 1990.

Question

Quizplus · Accepted Answer

The increase in productivity allowed for a higher standard of living for Americans, but did not result in a shorter work week or significant decreases in taxes or increases in healthcare benefits. While other factors such as corporate downsizing and CEO pay increases may have occurred, there is not enough information in the given statement to determine their significance in relation to productivity and the work week.

Productivity in the United States Doubled Between 1948 and 1990