The argument that oil prices are one of the factors in the productivity slowdown
A) has a problem because real oil prices are higher today than they were before 1973.
B) has a problem because energy costs are not a very large share of the representative business's costs.
C) is correct because real oil prices are lower now than they were before 1973.
D) is correct because energy costs are a very large share of the representative business's costs.
Correct Answer:
Verified
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