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Which Statement Best Describes the Evolution of Productivity Growth in Canada

Question 167

Multiple Choice

Which statement best describes the evolution of productivity growth in Canada?


A) From 1974 to 1982, Canadian productivity growth was slower than from 1966 to 1973. This continued a long-term downward trend in productivity growth.
B) From 1974 to 1982, Canadian productivity growth was slower than from 1966 to 1973. It appears that this was the result of a slowdown in technological progress.
C) From 1966 to 1973, Canadian productivity growth was slower than from 1974 to 1982. This continued an upward trend in productivity growth.
D) From 1966 to 1973, Canadian productivity growth was slower than from 1974 to 1982. It appears that this was the result of an upward trend in capital formation.

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