Ch 10. Economic Growth and Productivity Ch 11. Money, Banking and Financial... Ch 12. Central Bank and the Money... Ch 13. Fiscal and Monetary Policies Ch 14. Foreign Exchange and the Balance of... Ch 15. Inflows, Outflows, and... Ch 16. Studying for Economics 102Wage...
Ch 10. Economic Growth and Productivity Ch 11. Money, Banking and Financial... Ch 12. Central Bank and the Money... Ch 13. Fiscal and Monetary Policies Ch 14. Foreign Exchange and the Balance of... Ch 15. Inflows, Outflows, and... Ch 16. Studying for Economics 102Wage...
I think this must be true – if you look at the Heritage Foundation graph above, “total compensation measured with Feldstein’s method” and productivity are exactly equal to their 1973 level in 2000, but diverge shortly thereafter so that today compensation has only grown 77% compared to pro...