Among the reasons cited for the productivity slowdown in our society is the
A) increased rate of incorporating new technology in capital equipment.
B) change in the composition of both the labor force and national output.
C) increased rate of growth of the capital-labor ratio.
D) devotion of too great a share of our resources to research and development.
E) increase of resource mobility and competitiveness in our market economy.

Question

Quizplus · Accepted Answer

The change in the composition of both the labor force and national output is one of the main reasons cited for the productivity slowdown. This includes factors such as aging of the population, changes in educational attainment, and shifts in industries and occupations. The other options either do not directly relate to productivity slowdown or are not supported by evidence.

Among the Reasons Cited for the Productivity Slowdown in Our