Edward Denison found that labor's contribution to output growth in the United States since 1929 was attributable to all the factors below except
A)rising population.
B)an increase in the percentage of the population in the labor force.
C)an increase in the number of hours worked per person.
D)higher educational levels.

Question

Quizplus · Accepted Answer

Edward Denison's analysis attributed labor's contribution to output growth to factors such as rising population, an increase in the labor force participation rate, and higher educational levels, but not to an increase in the number of hours worked per person, which has generally decreased over time.

Edward Denison Found That Labor's Contribution to Output Growth in the United