Author Question: In 1921, prices surged, causing a decrease in average real wages. Indicate whether the statement ... (Read 41 times)

karateprodigy · **on:** Jun 30, 2018

In 1921, prices surged, causing a decrease in average real wages.

Indicate whether the statement is true or false

Question 2

Which of the following statements is (are) correct? According to United States data,

a. the rate of growth in output and labor productivity has slowed over the past two decades.
b. growth in the labor force has steadily increased since 1960.
c. the growth rates of capital has slowly increased since the 1960s.
d. the rate of growth in output and labor productivity was slower during the 1990s.
e. none of the above.