Real Wages in the United States in the Long Run

question 151

Multiple Choice

Real wages in the United States in the long run

• A)show no discernible relationship to output per worker.
• B)have increased at about the same rate as increases in output per worker.
• C)have increased slower than increases in output per worker.
• D)have increased faster than increases in output per worker.

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Definitions:

Risk Premium

The extra return or compensation investors demand for taking a higher risk compared to a risk-free investment.

Systematic Risk

The risk associated with the overall market or a specific segment of it that cannot be reduced through diversification.

Dividend

A portion of a company's earnings distributed to its shareholders, typically paid on a regular basis.

One-Year Return

The total percentage gain or loss on an investment over a one-year period, taking into account both price fluctuations and dividends or interest received.