Multiple Choice
Which of the following statements is correct?
A) Neither economic theory nor evidence from the U.S. economy suggests that there is a close link between productivity and real wages.
B) Economic theory suggests that there is a close link between productivity and real wages, but evidence from the U.S. economy fails to confirm that link.
C) Evidence from the U.S. economy suggests a close link between productivity and real wages, but economic theory provides no basis for such a link.
D) Both economic theory and evidence from the U.S. economy suggest that there is a close link between productivity and real wages.
Correct Answer:

Verified
Correct Answer:
Verified
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