Labor productivity in the U.S. in the periods 1973-1995 and 1995-2010 grew at average rates of
A) 7.5 percent and 5.2 percent, respectively.
B) 1.5 percent and 2.8 percent, respectively.
C) 3.1 percent and 1.5 percent, respectively.
D) 4.1 percent and 4.3 percent, respectively.

Question

Quizplus · Accepted Answer

According to the text, labor productivity in the U.S. grew at an average rate of 1.5 percent from 1973 to 1995 and 2.8 percent from 1995 to 2010. Therefore, the correct choice is B.

Labor Productivity in the U