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Suppose total factor productivity increases. Which of the following is incorrect?

Ao9

wrote...

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Posts: 1908

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8 years ago

Suppose total factor productivity increases. Which of the following is incorrect?

Suppose total factor productivity increases. Which of the following is incorrect?
A) Households are better off.
B) Output goes up.
C) The real wage goes down.
D) Consumption goes up.

Textbook

Macroeconomics

Macroeconomics

Edition: 5^th

Author: Williamson

Read 190 times

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Answer verified by a subject expert

Gordis

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#1

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Posts: 1906

Rep:

8 years ago

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Ao9 Author

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#2

8 years ago

You're sharp, thanks!

Gordis

wrote...

#3

8 years ago

Please mark it solved once you get a chance.

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