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In Recent Decades, Slower Growth in the Demand for Labor

Question 122

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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) slower real wage growth and double-digit rates of unemployment.
B) slower real wage growth and increasing wage inequality.
C) slower 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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