Why Do Some Economists Point to a Decline in the Quality

question 48

Multiple Choice

Why do some economists point to a decline in the quality of labor as an explanation for the productivity slowdown in the mid-1970s?

• A)The average level of education of citizens of the United States rose dramatically during this period of time.
• B)The skill level required to perform many jobs increased during this period of time,although the skills of the labor force did not increase as quickly.
• C)Scores on standardized tests during that period of time began to rise.
• D)Increases in the amount of capital available reduced labor quality.

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Definitions:

Social Exchange Theory

A theoretical perspective that explains social change and stability as a process of negotiated exchanges between parties.

Nonverbal Communication

is the transmission of messages or signals through a non-linguistic means, such as facial expressions, body language, and gestures.

Social Behaviors

Actions that individuals take within and towards groups, often governed by social norms and influenced by the presence of others.

False Feedback

The provision of incorrect information or evaluation to individuals regarding their performance or abilities, often used in psychological experiments to assess reactions or behaviors.