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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 43
Circle the letter that corresponds to the best answer. Which is the most accurate statement about real median family income?
A) It has declined steadily over the last ten years.
B) It has fallen during nearly every recession since the 1960s.
C) It is about twice as high as it was in 1970.
D) It increased steadily since 2000.
A) It has declined steadily over the last ten years.
B) It has fallen during nearly every recession since the 1960s.
C) It is about twice as high as it was in 1970.
D) It increased steadily since 2000.
Explanation
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Macroeconomics 11th Edition by Stephen Slavin
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