Growth in real GDP per hour worked in the United States was slowest during what period of time?
A) 1900-1949
B) 1950-1972
C) 1973-1994
D) 1995-2008

Question

Quizplus · Accepted Answer

The period between 1973 and 1994 saw the slowest growth in real GDP per hour worked in the United States, which is commonly referred to as the "productivity slowdown." During this time, there were several factors at play, including rising oil prices, increased global competition, and a shift in the economy away from manufacturing towards services.

Growth in Real GDP Per Hour Worked in the United