Which of the following factors has been the dominant source of economic growth in the U.S. (except in 1973-1995)?

Question

Quizplus · Accepted Answer

Labor productivity has been the dominant source of economic growth in the U.S. apart from 1973-1995. During this period, the growth in labor productivity rate slowed down, and other factors such as population growth, hours worked per worker, and labor force growth became significant contributors to economic growth. However, in other periods, such as post-World War II and 1995-2019, the primary source of economic growth has been an increase in labor productivity.

Which of the Following Factors Has Been the Dominant Source