Over the last 40 years in the U.S. a. output and real wages ...

[renzo156]

Over the last 40 years in the U.S.
 
  a. output and real wages have increased, while the capital-to-labor ratio has remained constant.
  b. output, real wages, and the capital-to-labor ratio have all increased.
  c. output has increased while real wages and the capital-to-labor ratio has remained constant.
  d. output and real wages have increased, while the capital-to-labor ratio has fallen.

Question 2

Prices rose strongly during the Vietnam War (19641974), and only the adroit monetary and fiscal policy management of the Carter administration (19761980) managed to get inflation under control.
 
  Indicate whether the statement is true or false

[memslove]

Answer to Question 1

B

Answer to Question 2

False

[renzo156]

Thank you

[memslove]

No problemo