A) increases in income.
B) social problems in the U.S.
C) shifts in production toward low-wage countries.
D) inaccurate expectations about productivity growth.
E) inaccurate expectations about the price level.
ANSWER:
C
A) increases in income.
B) social problems in the U.S.
C) shifts in production toward low-wage countries.
D) inaccurate expectations about productivity growth.
E) inaccurate expectations about the price level.
ANSWER:
C