In a Two-Period SOE Model with Production, a Negative Total

question 7

Multiple Choice

In a two-period SOE model with production, a negative total factor productivity shock abroad

• A)increases foreign output and decreases domestic output.
• B)decreases foreign output and increases domestic output.
• C)increases foreign output and increases domestic output.
• D)decreases foreign output and leaves domestic output unchanged.
• E)decreases foreign output and decreases domestic output.

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Definitions:

Epiglottis

The Epiglottis is a leaf-shaped flap of cartilage located behind the tongue, at the top of the larynx, that prevents food and liquid from entering the windpipe during swallowing.

Pleural Effusion

A buildup of fluid within the pleural cavity.

Pus

A thick, yellowish or greenish opaque liquid produced in infected tissue, consisting of dead white blood cells and bacteria with tissue debris and serum.

Posterior Wall

The back side of a body cavity or an anatomical structure.