What Is Perhaps the Most Important Economic Reality in the United

Multiple Choice

What is perhaps the most important economic reality in the United States over the last 50 years?

A) Real GDP has declined dramatically since the end of World War II.
B) The middle class has been shrinking.
C) Virtually all U.S. citizens have become wealthier.
D) Our economy has shifted to become dominated by intangibles such as services and information.
E) Our economy is still suffering from the very high inflation rates of the 1970s.