How did shepherd explain the given trend


Problem

Competitive Trends in the U.S. Economy William Shepherd's study of U.S. industries showed a clear increase in competition in the U.S. economy between 1958 and 2000. How did Shepherd explain this trend?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How did shepherd explain the given trend
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