Excluded from a List of Reasons Often Cited as Responsible

question 15

Multiple Choice

Excluded from a list of reasons often cited as responsible for the slowdown in U.S.productivity during the 1970s is the

• A) increase in the proportion of youths and women in the labor force.
• B) reduction in the rate of growth of the capital-labor ratio.
• C) presence of increased amounts of government regulation.
• D) reduction in the proportion of GDP devoted to research and development.
• E) price stability and stable interest rates over that period, which reduced profit opportunities.

---

Definitions:

Outstanding Shares

The total shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

No-par Shares

Stocks issued without a specified face value, where the value is determined by the price investors are willing to pay for them.

Stock Subscription

An agreement to purchase a specified number of shares in a company, often before they are available to the general public.

Board Of Directors

A group of individuals elected to represent shareholders and oversee the management and major decisions of a corporation.