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- Subject
- Comparative GDPeconomics-mcqs › comparative-gdp
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
How has the rate of productivity growth in the United States changed over the past fifty years?
Multiple choice question for Comparative GDP. Select an option, then review the explanation below.
Explanation
The correct description is that productivity in the U.S. grew quickly during the 1950s and 1960s, experienced a slowdown from the early 1970s through 1995, and then saw a renewed acceleration. This pattern reflects shifts in economic conditions and technological advancements over time.
More Comparative GDP MCQs
Practice related questions from the same subject.
- 1.Given that Pakistan's real GDP per capita was Rs18,073 in 2004 and increased to Rs18,635 in 2005, what is the percentage growth rate of real output per person during this period?
- 2.Which of the following government actions is least effective in promoting economic growth in Africa?
- 3.Which factor is most directly linked to the standard of living?
- 4.Which statement accurately describes the effects of population growth on productivity?
- 5.What happens to output when all inputs are increased proportionally in a production function with constant returns to scale?