Which of the following factors has been the dominant source of economic growth in the U.S. (except in 1973-1995)?
A) increases in population
B) increases in labor productivity
C) increases in hours per worker
D) increases in the labor force

Question

Quizplus · Accepted Answer

Increases in labor productivity have been the dominant source of economic growth in the US, except for a period between 1973-1995 when there was a slowdown in productivity growth. Increases in population, hours per worker, and the labor force have also contributed to economic growth, but to a lesser extent than increases in productivity.

Which of the Following Factors Has Been the Dominant Source