Large productivity gains explain:

A. the long-term increase in real wages
B. skill-based technological change.
C. increasing wage inequality
D. high unemployment in Western Europe.


Answer: A

Economics

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Refer to the Article Summary. Prior to the initiation of the BRRD, the European Union had essentially been bailing out troubled banks. In doing this, the EU was, in effect, acting as a

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As the housing bubble began to burst in 2006-2008, investors would only buy mortgage-backed securities at high yields to compensate for higher perceived default risk. As a result::

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True or false? The Edgeworth box version of inter-personal trade requires the individuals to be in close proximity of one another

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Economics

Which of the following variables do not change autonomous consumption?

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Economics