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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
If the utilization rates of capital and labor are procyclical, then
A) the Solow residual will be procyclical.
B) measured productivity will be constant.
C) output will rise in recessions and decline in expansions.
D) prices will be countercyclical.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 161 times
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supamansupaman
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8 years ago
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johnpaul92 Author
wrote...
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
wrote...
8 years ago
Take care for now
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