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USLabor Productivity Slowed During the 1970s Because of I

Question 162

Multiple Choice

U.S.labor productivity slowed during the 1970s because of i. increasing government taxes and regulations on production.
Ii) the necessity to cope with energy price increases.
Iii) inflation, which shortened the horizon over which businesses made their borrowing plans.


A) i only
B) ii only
C) iii only
D) Both i and ii
E) i, ii, and iii

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