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    Principles of Economics Study Set 1
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    Exam 20: The Labor Market: Workers, Wages, and Unemployment
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    The Real Purchasing Power of the Average Worker's Yearly Earnings
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The Real Purchasing Power of the Average Worker's Yearly Earnings

Question 75

Question 75

Multiple Choice

The real purchasing power of the average worker's yearly earnings in the United States in 2016 was ________ as in 1960.


A) five times as large
B) twice as large
C) about the same
D) about half as much

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