To What Do Economists Attribute the Rapid Growth of Labor

question 20

Multiple Choice

To what do economists attribute the rapid growth of labor productivity in the United States relative to other countries?

• A)the flexibility of U.S.labor markets and the efficiency of the U.S.financial system
• B)the strict government rules in the United States that regulate a firm's ability to hire and fire workers
• C)the low rate of job mobility in the United States
• D)the high level of unemployment benefits the United States pays relative to other countries like Canada

---

Definitions:

Storming Stage

A phase in group development characterized by conflict and competition as members express individual opinions and vie for positions within the team structure.

Push the Group

The act of encouraging or motivating a group to move forward, improve performance, or achieve goals.

Stages of Development

Distinct phases in the growth process of beings or systems, marked by specific attributes or achievements.

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job function, often visualized as a pyramid structure.