In nine of the past 16 years the US economy
In nine of the past 16 years, the US economy showed significant gains in worker productivity (Event A). In 11 of those 16 years, there was a relatively low level of inflation (Event B). In 8 of these 16 years both economic events occurred (Event A ¨ B). In what percent-age of the years was there either a substantial gain in worker productivity or a low level of inflation or both?
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