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Given the Fact That the Productivity Slowdown of the Mid-1970s

Question 149

Multiple Choice

Given the fact that the productivity slowdown of the mid-1970s to the mid-1990s affected all industrial countries,which of the following explanations for the productivity slowdown in the United States is not likely to be correct?


A) A deterioration of the U.S.education system caused a decline in the quality of labor.
B) high oil prices
C) Services have become a larger fraction of GDP.
D) stricter environmental regulations

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