How did laborers benefit from World War I (1914–18)?
(a) Their nominal take-home pay rose more than prices increased.
(b) They were placed in military jobs that paid wages higher than
private sector jobs.
(c) High-paying jobs in the private sector were created to support
the war effort.
(d) Real GNP and national income fell during and shortly after the war.
ANSWER
(a)
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