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    Macroeconomics Study Set 47
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    Exam 13: Technological Progress: the Short, the Medium and the Long Run
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    The Empirical Evidence Suggests That Periods of High Productivity Growth
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The Empirical Evidence Suggests That Periods of High Productivity Growth

Question 47

Question 47

Multiple Choice

The empirical evidence suggests that periods of high productivity growth will cause which of the following in the medium run?


A) Lower unemployment.
B) Higher markups.
C) Greater equality in wages.
D) Very little churning.
E) Constant real wages.

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