The main reason for the decline in real wages in the 1970s and 1980s was

A. our high rate of productivity growth.
B. our low rate of productivity growth.
C. that so many housewives joined the labor force.
D. people couldn't find jobs.

B. our low rate of productivity growth.

Economics

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Microcomputer software is a pure public good

a. True b. False

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Which of the following would NOT be a sign that China wants to become a high technology producer?

A) More patents are being sought and granted in China. B) Large spending on infrastructure C) Rapid expansion of science, engineering and research D) Less emphasis on education spending

Economics