Which Statement Best Describes the Evolution of Productivity Growth in Canada

question 167

Multiple Choice

Which statement best describes the evolution of productivity growth in Canada?

• A) From 1974 to 1982, Canadian productivity growth was slower than from 1966 to 1973. This continued a long-term downward trend in productivity growth.
• B) From 1974 to 1982, Canadian productivity growth was slower than from 1966 to 1973. It appears that this was the result of a slowdown in technological progress.
• C) From 1966 to 1973, Canadian productivity growth was slower than from 1974 to 1982. This continued an upward trend in productivity growth.
• D) From 1966 to 1973, Canadian productivity growth was slower than from 1974 to 1982. It appears that this was the result of an upward trend in capital formation.

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