The Productivity Slowdown That Began in the 1970s Has Been

question 18

Multiple Choice

The productivity slowdown that began in the 1970s has been attributed, at least partly, to each of the following except:

• A) running out of new ideas about how to produce.
• B) a deterioration in the quality of education.
• C) a decline in the number of workers in the labor force.
• D) a lower average level of experience among workers.

---

Definitions:

Health Care System

An organized framework that delivers medical care services to the population, involving institutions, policies, and resources.

Voluntary Early Retirement

A program offered by some organizations allowing employees to retire early with benefits, often as a cost-saving measure.

Zero Population Growth

A demographic balance where the number of people in a specified population neither grows nor declines, due to the birth rate equaling the death rate.

Demographic Transition Model

A concept explaining how countries or regions experience a decline in both birth and death rates when transitioning from a pre-industrial stage to an industrial economic system.