Which of the following accurately describes growth rates in the United States from 1900 to the present?
A) Growth rates rose until the 1970s and then fell until the present.
B) Growth rates have risen continuously from 1900 to the present.
C) Growth rates rose until the 1970s,slowed until the 1990s,rose again until 2005,and then slowed again to the present.
D) Growth rates have fallen continuously from 1900 to the present.
Correct Answer:
Verified
Q138: Use production functions from the economic growth
Q139: Is knowledge capital subject to the law
Q140: According to new growth theory,firms accumulate the
Q141: Despite the improvements in information technology,productivity growth
Q142: Productivity growth in the United States has
Q144: Some economists argue that the higher productivity
Q145: Some economists argue that the productivity slowdown
Q146: Describe the pattern of growth rates in
Q147: In the United States,the number of hours
Q148: Over the last three decades in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents