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To: Robert Scott Diver who wrote (112728)3/26/1999 3:24:00 PM
From: yard_man  Respond to of 176387
 
labor cost increases are adequately reflected in the way they are measured? Option awards for instance aren't accounted for as labor compensation ...

frankly, it is hard to sort completly out, there have been productivity gains -- I was simply saying that this can't be the primary explanation for the lack of consumer price inflation

at least that's my opinion