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    Exam 13: Business Cycle Models with Flexible Prices and Wages
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    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 9

Question 9

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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