The Most Common Measure of Productivity Shocks Used by Real

question 37

Multiple Choice

The most common measure of productivity shocks used by real business cycle theorists is

• A)the Solow residual.
• B)average labor productivity.
• C)the change in the capital stock.
• D)unit labor costs.

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Definitions:

Gastrosplenic Vein

A blood vessel that carries blood from the stomach and spleen towards the heart.

Inferior Phrenic Vein

Veins that drain blood from the diaphragm into the inferior vena cava or the left suprarenal vein.

Axillary Vein

A vein that accompanies the axillary artery and drains the upper limb and the lateral aspect of the thorax and breast.

Subscapular Vein

A vein that drains blood from the subscapular region, which includes the underside of the scapula, and typically joins with the axillary vein.