Which of the Following Statements About the American Economy in the 1970s

question 55

Multiple Choice

Which of the following statements about the American economy in the 1970s is accurate?

• A) As productivity lagged, workers expected wage reductions.
• B) Productivity increased as the expectations of workers concerning wages increased.
• C) Major increases in productivity were accompanied by a decrease in workers' expectations concerning wages.
• D) Although productivity declined, workers' wages usually did not.

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