Question: Interpret the table on the relationship between factor productivity and real wages for the USA. Total time period: 1960-2010 | Growth rate of labor

Interpret the table on the relationship between factor productivity and real wages for the USA. 

 
  2. Total time period: 1960-2010 | Growth rate of labor productivity: 2.2% | growth rate of real wages: 1.9%
  4. 1960-1973 | Growth rate of labor productivity: 2.9% | growth rate of real wages: 2.8%
  6. 1973-1995 | Growth rate of labor productivity: 1.4% | growth rate of real wages: 1.2%
  8. 1995-2010 | Growth rate of labor productivity: 2.7% | growth rate of real wages: 2.2%

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