Most economists agree that the most important factor contributing to the recent reduction in U.S.labor productivity growth rate has been the increased level of government regulation.

Question

Quizplus · Accepted Answer

While some economists and business leaders may argue that increased regulation is a significant factor in reduced labor productivity growth, most economists do not agree that it is the most important factor. Factors such as aging workforce, slower technological advancements, and inadequate investment in capital and infrastructure are also known to contribute to reduced productivity growth rates.

Most Economists Agree That the Most Important Factor Contributing to the Recent