Multiple Choice
According to Blanchard, Europeans are more likely to use increases in real wages resulting from technological progress to increase ______, and Americans are more likely to use these increases in real wages to increase ______.
A) hours of work; hours of leisure
B) consumption of goods and services; hours of leisure
C) hours of leisure; consumption of goods and services
D) unemployment insurance benefits; efficiency wages
Correct Answer:

Verified
Correct Answer:
Verified
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