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    Macroeconomics Study Set 10
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    Exam 3: Productivity, output, and Employment
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    A Supply Shock That Reduces Total Factor Productivity Directly Affects
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A Supply Shock That Reduces Total Factor Productivity Directly Affects

Question 100

Question 100

Multiple Choice

A supply shock that reduces total factor productivity directly affects which term in the production function Y = AF(K,N) ?


A) A
B) F
C) K
D) N

Correct Answer:

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