Which statement best describes US productivity growth over the past fifty years?
Correct answerD. Productivity grew quickly in the 1950s and 1960s, more slowly from the early 1970s through 1995, and then quickly again
Explanation
US productivity grew rapidly in the 1950s and 1960s, slowed sharply from about 1973 to 1995, then accelerated again in the late 1990s with the spread of information technology.
Discussion