Labor's share of GDP in the United States in 2001 was
A) approximately three-quarters, but that was unusually low.
B) approximately three-quarters, and that was fairly typical.
C) approximately 60 percent, but that was unusually low.
D) approximately 60 percent, but that was unusually high.
E) only about 40 percent, and that is evidence of capitalist exploitation of labor.

Question

Quizplus · Accepted Answer

Labor's share of GDP in the United States has typically hovered around two-thirds to three-quarters for many decades, making option B the correct choice as it states that a share of approximately three-quarters was fairly typical.

Labor's Share of GDP in the United States in 2001