(I) Productivity growth in the United States since 1996 has been more rapid than it was during the previous two decades. (II) Economists believe that the more rapid productivity growth since 1996 is in large part due to the computer revolution and related technological innovations.

Question

Quizplus · Accepted Answer

Both statements are true and supported by data and research. The Bureau of Labor Statistics reports that productivity growth has been faster since 1996 compared to the previous two decades. Additionally, numerous studies have found that technological innovations, including the computer revolution, have contributed to this faster productivity growth.

(I) Productivity Growth in the United States Since 1996 Has