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Chapter 13
The Labor Market
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Wages Have Improved as Hours
of Work Have Declined
T-90
Figure 13-1
Source,U.S,Departmen of Commerce
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Demand for Labor Reflects
Marginal Productivity
T-91
Figure 13-2
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Favorable Resources,Skills,Management,Capital,
and Technology Explain High U.S,Wages
T-92
Figure 13-3
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As Wages Rise,Workers
May Work Fewer Hours
T-93
Figure 13-4
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Earnings Benefit from Education
and Experience
T-94
Figure 13-5
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Relative Income Gains Have Been
Dramatic for College Graduates
T-95
Figure 13-6
Source,Economic Report of he President,1997,Data applies to full-time,year-round workers,
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Unions Set High Standard Wage
and Limit Employment
T-96
Figure 13-7
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Discrimination by Exclusion Lowers the
Wage Rates of Excluded Minorities
T-97
Figure 13-8
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Minorities and Females Show Uneven
Progress in Closing the Wage Gap
T-98a
Figure 13-9a
Source,Economic Report of the President,1998,Note that before 1979,
the series for blacks includes other nonwhite workers,
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Minorities and Females Show Uneven
Progress in Closing the Wage Gap
T-98b
Figure 13-9b
Source,Economic Report of the President,1998,Note that before 1979,
the series for blacks includes other nonwhite workers,