The Idea That Measurement Problems Could Explain the Productivity Slowdown

question 60

Multiple Choice

The idea that measurement problems could explain the productivity slowdown since 1973 is based on the fact that

• A)official output measures make no adjustment for quality.
• B)output can't be measured.
• C)capital can't be measured.
• D)quality improvements aren't fully accounted for in the data.

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Definitions:

Threshold

The point of intensity at which a stimulus becomes detectable to an individual or evokes a response.

Angler

A person who fishes with a rod and line, typically for recreation.

Bass

A low-frequency tone or sounds, often associated with music, or refers to certain types of fish found in fresh and salt water.

Champion

A person who excels in a specific field or activity, often serving as a defender or promoter of a cause.