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One Hypothesis as to Why Labour Income's Share of GDP

Question 137

Multiple Choice

One hypothesis as to why labour income's share of GDP decreased in Canada from 1976 to 1996 is that the bargaining power of labour decreased.A possible explanation for this loss of bargaining power is


A) the high unemployment rate.
B) the low inflation rate.
C) the high inflation rate.
D) the low unemployment rate.
E) the high level of consumption spending.

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