Recent Research by Nicholas Bloom,Max Floetotto,and Nir Jaimovich Finds Strong

question 12

Multiple Choice

Recent research by Nicholas Bloom,Max Floetotto,and Nir Jaimovich finds strong empirical evidence that

• A) increased uncertainty plays little role in recent recessions.
• B) total factor productivity remains more relevant than uncertainty.
• C) money is neutral.
• D) money is superneutral.
• E) increase uncertainty is an important factor in recent recessions.

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Definitions:

Controls

In an experimental context, these are conditions that remain constant and unchanged to ensure that the experimental results are due to the variables being tested.

Movement

The act, process, or result of changing physical location or position.

Practicing

The act of repeatedly performing an activity or exercising a skill to improve proficiency.

Chess Player

An individual who engages in chess, a strategic board game requiring skillful planning, tactics, and an understanding of complex rules, often as a hobby or in competitive contexts.