A significant slowdown in the growth of productivity persisted in the U.S. economy between

Question

Quizplus · Accepted Answer

According to various data sources and economic analyses, the period between 1973 and 1995 saw a significant decline in the growth rate of labor productivity in the U.S. economy. This was marked by lower levels of investment in physical and human capital, slow technological change, and other structural factors. While there have been some variations in the pace of productivity growth in the decades since then, no other period has shown such a sustained and broad-based slowdown as this one. Therefore, option B is the correct choice.

A Significant Slowdown in the Growth of Productivity Persisted in the U.S