Recall Application 1, "The Black Death and the Living Standards in Old England," to answer the following questions:
-From the application, the decline in the real wages of laborers in England from the time after the plague until the 1800s implies that during this period:
A) there was rapid technological progress.
B) there was a significant increase in the population.
C) there was a large increase in the capital stock.
D) there was a large decline in the population.
Correct Answer:
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