Which of the Following Is True Regarding the Productivity Slowdown

question 104

Multiple Choice

Which of the following is true regarding the productivity slowdown in the United States during the mid-1970s?

• A) The productivity slowdown occurred despite a rising quality of labor.
• B) The productivity slowdown was unique to the United States as foreign countries experienced unprecedented rates of growth during that time.
• C) High oil prices raised the costs of doing business for markets worldwide, and reduced output worldwide as well.
• D) The move toward a "New Economy" ended in the early 1970s, resulting in less technological progress in the United States during the mid-1970s.

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Definitions:

Fungi

A kingdom of spore-producing organisms that feed on organic matter, including molds, yeast, mushrooms, and toadstools.

Atmospheric Nitrogen

The form of nitrogen gas (N2) that makes up a major portion of the Earth's atmosphere, largely inert and not directly usable by most living organisms.

Gladiolus

A genus of perennial flowering plants in the iris family known for its sword-shaped leaves and colorful flower spikes, popular in gardens and floral arrangements.

Stolon

Stem that grows horizontally along the ground and may give rise to new plants where it contacts the soil—e.g., the runners of a strawberry plant.