The Lucas Wedge is estimated to
A) be negative due to the severe recession in 2008-2009.
B) be about 2 percent of real GDP per year.
C) to total over $367,000 per person as a result of the slowdown in the growth rate of real GDP.
D) be positive in some years and negative in others.
E) have reached about $13,000 per person in the last year.
Correct Answer:
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