Between 1973 and 1982, productivity growth slowed to an average of just 0.9 percent per year because of _____
A) increased literacy rates.
B) increased industrialization.
C) federal legislation to protect the environment and improve workplace safety.
D) the information revolution powered by the computer chip and the Internet.

Question

Quizplus · Accepted Answer

Between 1973 and 1982, productivity growth slowed due to federal legislation to protect the environment and improve workplace safety. This legislation increased compliance costs for businesses, which led to a decrease in investment and productivity growth.

Between 1973 and 1982, Productivity Growth Slowed to an Average