Discuss the overall trend in postwar aggregate productivity in the US
In the Section, i??Understanding Recent and Current Macroeconomic Events,i?? (pp. 15-16), the textbook
provides a brief discussion of Aggregate Productivity. In this exercise, you are asked to browse the Economic
Report of the President to brie?y describe the recent trends in aggregate productivity.
Please browse Chapter 5: Fostering Productivity Growth from the Economic Report of the President
(ERP-2014-chapter5.pdf). In no more than one paragraph, please discuss the overall trend in postwar aggregate productivity
in the US. Is this trend consistent with the discussion in the textbook?