According to Blanchard, Europeans are more likely to use increases in real wages resulting from technological progress to increase and Americans are more likely to use these ,
Increases in real wages to increase .

Question

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Blanchard states that Europeans (e.g. French and Germans) are more likely to use increases in real wages resulting from technological progress to increase leisure time, while Americans are more likely to use these increases to increase consumption of goods and services. Therefore, the best choice is C, which states that Europeans use increases in real wages to increase leisure time and Americans use them to increase consumption of goods and services.

According to Blanchard, Europeans Are More Likely to Use Increases