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Which of the Following Statements About the American Economy in the 1970s

Question 55

Multiple Choice

Which of the following statements about the American economy in the 1970s is accurate?


A) As productivity lagged, workers expected wage reductions.
B) Productivity increased as the expectations of workers concerning wages increased.
C) Major increases in productivity were accompanied by a decrease in workers' expectations concerning wages.
D) Although productivity declined, workers' wages usually did not.

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