The number of hours worked by American labor has
A) an upward trend over time, but has fluctuated with the business cycle.
B) no apparent trend over time because of the ravages of the business cycle.
C) trended upward over the last two decades despite a marked decline from 1975 through 1979.
D) declined over the past 15 years because of the four recessions suffered by the American economy.
E) none of the above.

Question

Quizplus · Accepted Answer

The number of hours worked by American labor has generally shown an upward trend over time, though it has indeed fluctuated with the ups and downs of the business cycle. This reflects the overall growth of the economy and labor force, despite periodic economic downturns.

The Number of Hours Worked by American Labor Has