A significant slowdown in the growth of productivity persisted in the U.S. economy between
A)1960 and 1973.
B)1973 and 1995.
C)1973 and 2015.
D)1995 and 2015.

Question

Quizplus · Accepted Answer

The period of significant slowdown in productivity growth in the U.S. economy was between 1973 and 1995. During this time, productivity growth averaged only 1.4% per year, compared to the 3.2% per year average between 1948 and 1973. There was a slight improvement in productivity growth from 1995 to 2004, but it has remained relatively slow since then.

A Significant Slowdown in the Growth of Productivity Persisted in the U.S