Multiple Choice
Long-run real wages in the United States have
A) risen because growth in the demand for labor has exceeded growth in the supply of labor.
B) risen because the supply of labor has fallen over time.
C) fallen because growth in the supply of labor has exceeded growth in the demand for labor.
D) fallen because the demand for labor has fallen over time.
Correct Answer:
Verified
Correct Answer:
Verified
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