Given the fact that the productivity slowdown affected all industrial countries, which of the following explanations for the productivity slowdown in Australia is not likely to be correct?
A)a deterioration of Australia's education system causing a decline in the quality of labour
B)tariff protection
C)lack of sufficient technological change
D)highly regulated markets

Question

Quizplus · Accepted Answer

The productivity slowdown affected all industrial countries, suggesting that the cause is more likely to be global rather than specific to Australia's education system.

Given the Fact That the Productivity Slowdown Affected All Industrial