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Loraine Loraine
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8 years ago
The gap in GDP between the United States and Europe can be explained by the fact that
A) U.S. labor is more productive than European labor.
B) prices are higher in the United States.
C) the Okun Gap is larger in the United States.
D) income taxes are higher in the United States.
E) equilibrium employment is higher in Europe.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
Don't mention it Happy Dummy
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