Which one of the following does not explain the slowdown in productivity growth from the mid-1970s to the mid-1990s?

Which one of the following does not explain the slowdown in productivity growth from the mid-1970s to the mid-1990s?



A. Workers lacked incentives to work hard as their job security was at its lowest
B. There was a decline in labor quality that led to lower labor productivity
C. The method of productivity measurement lacked accuracy
D. An increase in world oil prices contributed to a decline in productivity





Answer: D


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