Which of the Following Best Explains Why Productivity Growth in the United

question 53

Multiple Choice

Which of the following best explains why productivity growth in the United States has been faster than in other leading industrialized nations?

• A)There are fewer government regulations in the United States regarding the way firms can hire and fire workers.
• B)The financial systems of foreign countries are generally more efficient than those in the United States.
• C)European countries have more flexible policies regarding the number of hours employees are permitted to work.
• D)Job mobility in the United States is more restricted than it is in many foreign countries.

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Definitions:

Projective Tests

Psychological assessment tools where individuals respond to ambiguous stimuli, revealing hidden emotions and internal conflicts.

Assumption

A thing that is accepted as true or as certain to happen, without proof.

DSM

Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as the authoritative guide to diagnosing mental disorders.

Subjective Process

An experience or method of perception that is influenced by personal feelings, tastes, or opinions.