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The Slow Growth of U

Question 97

Multiple Choice

The slow growth of U.S. incomes during the 1970s and 1980s can best be explained by


A) unstable economic conditions in Eastern Europe.
B) increased competition from abroad.
C) a decline in the rate of increase in U.S.productivity.
D) a strong U.S.dollar abroad, hurting U.S.exports.

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