Multiple Choice
Which of the following is NOT an example of the productivity shock?
A) an increase in oil price because of oil supply disruption that came after a political turmoil in a major oil-exporting country
B) severe weather that caused an adverse effect on farming
C) development of new software that allows firms to keep track of their services
D) a 2 percent rise in nominal wages
Correct Answer:
Verified
Correct Answer:
Verified
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