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In Recent Decades, Slower Growth in the Demand for Labor

Question 73

Multiple Choice

In recent decades, slower growth in the demand for labor accompanied by an accelerated growth in the supply of labor in the U.S. explains:


A) negative real wage growth and double-digit rates of unemployment.
B) negative real wage growth and increasing wage inequality.
C) negative real wage growth and an increase in the number of people with jobs.
D) increasing wage inequality and double-digit rates unemployment.

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