The poor performance of the U.S.economy relative to other industrialized countries during the 1970s,1980s,and early 1990s was called
A) disflation.
B) reflation.
C) a competitiveness problem.
D) unflation.
E) proflation.

Question

Quizplus · Accepted Answer

The poor performance of the U.S. economy relative to other industrialized countries during the 1970s, 1980s, and early 1990s was called a competitiveness problem. This was due to several factors such as declining productivity, high labor costs, trade deficits, and inadequate investment in new technology and infrastructure.

The Poor Performance of the U