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The Trends Displayed in the Table Can Best Be Explained

question 78

Multiple Choice

  The trends displayed in the table can best be explained by A) the nominal wage rate has increased at a rate about equal to the inflation rate. B) the inflation rate has been rising over the time period. C) service industries have increased as a proportion of the economy and they tend to have higher nominal wage rates. D) the real wage rate has increased at a rate about equal to the inflation rate. E) None of the above can explain the trends in the figure.
The trends displayed in the table can best be explained by


Definitions:

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response; in biology, the dying out of a species.

Vocalizations

The sounds produced by the vocal cords, including speech, cries, or other vocal output.

Infant

A young child in the earliest period of life, especially from birth to one year old.

Classical Conditioning

A training method where two different stimuli are paired repeatedly, leading to a response initially triggered by the second stimulus being ultimately triggered by the first stimulus alone.

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