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C.US change in goods and services over time. 1. Describe how the share of non-durable goods in US GDP has changed from the end of

C.US change in goods and services over time.

1. Describe how the share of non-durable goods in US GDP has changed from the end of WWII to today.

2. Describe how the share of services in GDP has changed in the US from the end of WWII to today.

3. Describe how these above two trends are indicative of the structural transformation in US industry over this period.

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