Which of the Following Contributed to a Slowdown in U

question 69

Multiple Choice

Which of the following contributed to a slowdown in U.S.labor productivity during the 1970s?

• A)An increase in the number of skilled legal immigrant workers
• B)An increase in the illegal employment of minors
• C)An increase in the number of skilled illegal immigrant workers
• D)The entry of the baby boom generation into the work force
• E)Lower energy prices

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Definitions:

Bid

An offer made by an individual or company to buy a good, service, or asset at a specified price.

Ask

The lowest price a seller is willing to accept for an asset in financial markets.

Profit

is the financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Bid-ask Margin

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask), indicative of market liquidity.