Which of the Following Comparisons of Wage Trends for 1953

question 55

Multiple Choice

Which of the following comparisons of wage trends for 1953 to 1973 and 1973 to 1993 is accurate?

• A) Wages were more equitable for women and minorities in the first period than in the second.
• B) Wage gains were typically eaten up by inflation in the first half.
• C) Nominal wages gradually sunk in the first half and rose in the second, but real wages behaved in the opposite way.
• D) Wages increased significantly in the first period but stagnated in the second.
• E) Wages for women grew significantly while men's wages declined.

---

Definitions:

Economic Incentives

Financial rewards or benefits used to motivate individuals or entities towards certain behaviors that align with economic goals.

Productivity

The efficiency at which an individual or organization can produce goods or services, often measured in terms of output per unit of input.

Progression Principle

A concept in fitness and training that emphasizes the need for gradually increasing the intensity, duration, and volume of exercise to stimulate adaptation and improve performance.

Motivate

To provide someone with a reason or incentive to do something.