Regarding the Output Growth Slowdown During the 1970s and 1980s,it

question 48

Multiple Choice

Regarding the output growth slowdown during the 1970s and 1980s,it is true that

• A)the slowdown took place in the U.S.but not other developing countries.
• B)the primary determinant of the slowdown was lower labor productivity growth.
• C)increases in capital formation did not offset some of the slowdown in labor productivity growth.
• D)both b and C

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Definitions:

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The process by which individuals, groups, or organizations attempt to affect the development, enactment, and implementation of governmental policies.

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Interest Group Politics

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Organizations that aim to influence public policy and decision-making in favor of the general welfare or the interests of the public at large.