Since about 1980, GDP per capita (that is, the average real income per person) in the United

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Since about 1980, GDP per capita (that is, the average real income per person) in the United States has risen fairly substantially. Yet real wages have failed to rise. What do you think may explain this phenomenon?

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Apr 12, 2016 07:19 AM

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Since about 1980, GDP per capita (that is, the average real income per person) in the United

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Economics Principles and Policy

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