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

question 73

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.
• E)European countries have better infrastructure than the United States.

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Definitions:

Penis Envy

A concept in Freudian psychoanalysis referring to a girl's sense of loss and jealousy over not having a penis.

Stubborn

Showing determination not to change one's attitude or position on something, especially in spite of good arguments or reasons to do so.

Superego

In psychoanalytic theory, a part of the personality composed of the moral standards and ideals acquired from parents and society, functioning to judge and restrict one’s impulses.

Conscience

An inner sense of what is right and wrong in one's conduct and motives, urging one toward right action.