A Negative Total Factor Productivity Shock and a Negative Monetary

question 8

Multiple Choice

A negative total factor productivity shock and a negative monetary shock contributed to the recession of

• A) 1974-1975.
• B) 1979.
• C) 1981-1982.
• D) 1990-1991.
• E) 2000-2002.

---

Definitions:

Claude McKay

A Jamaican writer and poet who was a seminal figure in the Harlem Renaissance, a significant literary movement in the 1920s among African Americans.

Slumming

The practice of visiting poorer urban areas for the purpose of entertainment or voyeurism by those from higher socioeconomic classes.

Jazz Clubs

Venues dedicated to the performance and enjoyment of jazz music, often featuring live bands and a vibrant atmosphere.

Ku Klux Klan

A white supremacist group originating in the southern United States post-Civil War, known for promoting racism, anti-Semitism, and violence against minority groups.