Which of the Following Is Not an Example of the Productivity

question 59

Multiple Choice

Which of the following is not an example of the productivity shock?

• A) an increase in oil price because of oil supply disruption that came after a political turmoil in a major oil-exporting country
• B) severe weather that caused an adverse effect on farming
• C) development of new software that allows firms to keep track of their services
• D) a 2 percent rise in nominal wages