Many Economists Studying the Productivity-Growth Patterns in the U

question 191

Multiple Choice

Many economists studying the productivity-growth patterns in the U.S. believe that in the period 1995-2010, the productivity of labor in the nation

• A) benefited from a significant wave of technological advance, coupled with global competition.
• B) suffered severely from global competition and outsourcing.
• C) was not much affected by external and technological forces, continuing on at a steady rate as before.
• D) weakened from the rising economic powers of other nations like China and India.

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Definitions:

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