The slow growth of U.S. incomes during the 1970s and 1980s can best be explained by
A)unstable economic conditions in Eastern Europe.
B)increased competition from abroad.
C)a decline in the rate of increase in U.S.productivity.
D)a strong U.S.dollar abroad, hurting U.S.exports.

Question

Quizplus · Accepted Answer

The slow growth of U.S. incomes during the 1970s and 1980s is primarily attributed to a decline in the rate of increase in U.S. productivity, which directly impacts income growth.

The Slow Growth of U