Higher energy prices can be used to adequately explain the productivity slowdown in
A)the United States and the rest of the world.
B)the United States but not the rest of the world.
C)the rest of the world but not the United States.
D)neither the United States nor the rest of the world.

Question

Quizplus · Accepted Answer

Higher energy prices alone are insufficient to explain the productivity slowdown, as productivity is influenced by multiple factors, including technological advancements, labor market dynamics, and capital investment, which are not solely dependent on energy prices.

Higher Energy Prices Can Be Used to Adequately Explain the Productivity