In the United States, which of the following occurred between 1990 and 2008?
A) Technological change decreased the demand for labor.
B) The effects on the supply of labor from the increased in population were greater than the effects on the demand for labor from capital accumulation and technological change.
C) Capital accumulation and technological change both increased the productivity of labor and the demand for labor increased.
D) The real wage rate decreased because the increase in the demand for labor was less than the increase in the supply of labor.
Correct Answer:
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