Which of the Following Has Not Occurred in the United

question 164

Multiple Choice

Which of the following has not occurred in the United States over the last two decades?

• A)A fall in real wages
• B)An increase in labor-force participation
• C)Growth in service sector employment
• D)A decrease in the wage differentials between colleges grads noncollege grads.

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Definitions:

Microculture

A specific, distinct culture existing within a larger, dominant culture, distinguished by its customs, values, and behaviors.

Independence

The state or quality of being self-reliant and free from outside control in making decisions or in choosing one's actions.

Nostalgia

A sentimental longing for the past, which can profoundly influence consumer preferences and buying behavior.

Individual Consumers

Refer to single persons who purchase goods and services for personal use and not for manufacture or resale.