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    Macroeconomics Study Set 4
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    Exam 13: Business Cycle Models with Flexible Prices and Wages
  5. Question
    Shocks to Total Factor Productivity Are Most Plausible as an Explanation
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Shocks to Total Factor Productivity Are Most Plausible as an Explanation

Question 13

Question 13

Multiple Choice

Shocks to total factor productivity are most plausible as an explanation of the recession of


A) 1974-1975.
B) 1979.
C) 1981-1982.
D) 1990-1991.
E) 2000-2002.

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