Question
Before the Pandemic, production of manufactured goods (in the United States) was near an all-time high. The number of workers in the manufacturing sector, however,
Before the Pandemic, production of manufactured goods (in the United States) was near an all-time high. The number of workers in the manufacturing sector, however, was down 37 percent from it's all time high in 1979. Using long-run labor demand as your main reasoning, explain how this is possible.
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The decrease in the number of workers in the manufacturing sector despite near alltime high production levels can be attributed to several factors pri...Get Instant Access to Expert-Tailored Solutions
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
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