An explanation for the productivity slowdown from 1973 through 1995 is
A)measurement problems.
B)creative destruction.
C)a decline in oil prices.
D)an increase in labour quality.
E)falling government deficits.

Question

Quizplus · Accepted Answer

The productivity slowdown from 1973 through 1995 is attributed to measurement problems, such as inaccurate measurement of quality improvements, technological changes, and changes in the composition of industries.

An Explanation for the Productivity Slowdown from 1973 Through 1995