Labor productivity in the United States has:

A) been growing at ever-increasing rates since World War II.
B) been growing but at lower rates in the last 25 years compared to the 25 years immediately after World War II.
C) been falling for the last 50 years.
D) remained largely unchanged over the last 50 years.
E) been growing more rapidly in the last 50 years than in most other developed economies.

Labor Productivity

The measure of economic output per unit of labor input, reflecting the efficiency of labor in producing goods and services.

Developed Economies

Countries with highly industrialized economic systems, significant technological infrastructure, and high levels of Gross Domestic Product per capita.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world’s nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.