Solved

An Adverse Supply Shock Would Directly ________ Labour Productivity by Changing

Question 92

Multiple Choice

An adverse supply shock would directly ________ labour productivity by changing the amount of output that can be produced with any given amount of capital and labour.It would also indirectly ________ average labour productivity through changes in the level of employment.


A) increase;increase
B) increase;decrease
C) decrease;increase
D) decrease;decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions