The USeconomy Has Seen a Faster Increase in Productivity Since the the Mid-1990s

question 34

Multiple Choice

The U.S.economy has seen a faster increase in productivity since the mid-1990s as compared to the economies of many Western European countries.Which of the following explains this?

• A)U.S.unions impose stricter work rules as compared to unions in Western European countries.
• B)U.S.government regulations impose stricter work rules as compared to government regulations in Western Europe.
• C)The United States has a higher rate of job mobility than do many Western European countries.
• D)U.S.workers can obtain unemployment insurance for a longer period of time as compared to workers in most Western European countries.