Which of the following was not one of the likely causes of the productivity problem in the 1970s?
A) the increase in energy prices in the 1970s
B) high saving rates
C) an increase in government regulation
D) a slowdown in investment spending

Question

Quizplus · Accepted Answer

High saving rates would typically lead to higher investment spending, which would increase productivity. Therefore, high saving rates were not a likely cause of the productivity problem in the 1970s.

Which of the Following Was Not One of the Likely