Refer to the Following Figure When Answering $a \rightarrow b$ ; Negative TFP Shock
B)

Multiple Choice

Refer to the following figure when answering
Figure 15.1: The Labor Market
-Consider Figure 15.1, which is a representation of the labor market. In 2005, Hurricane Katrina hit the Gulf Coast of the United States; this would cause a shift from curve ________ because this is an example of a(n) ________.

A) $a \rightarrow b$ ; negative TFP shock
B) $b \rightarrow a$ ; increase in TFP
C) $d \rightarrow c$ ; increase in the interest rate
D) $c \rightarrow d$ ; rise in government expenditure
E) None of these answers are correct.