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johnpaul92 johnpaul92
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8 years ago
Research on productivity shocks has shown that
A) large productivity shocks produce only small deviations in aggregate output.
B) small productivity shocks can explain large business cycle fluctuations.
C) productivity shocks have only nominal effects.
D) there have been no identifiable productivity shocks in the U.S. economy since World War II.
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Macroeconomics

Macroeconomics


Edition: 8th
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
8 years ago
Take care for now
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