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    Principles of Macroeconomics Study Set 8
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    Exam 1: Ten Principles of Economics: How the Economy As a Whole Works
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    Slow Growth in US Incomes During the 1970s and 1980s
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Slow Growth in US Incomes During the 1970s and 1980s

Question 54

Question 54

Multiple Choice

Slow growth in US incomes during the 1970s and 1980s was primarily due to


A) slow productivity growth in the US.
B) increased competition from Japan.
C) increased competition from European countries.
D) a rapid decrease in the quantity of money in the economy.

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