Which of the Following Could Be a Negative TFP Shock

question 53

Multiple Choice

Which of the following could be a negative TFP shock?

• A) a hurricane
• B) lower taxes
• C) a better court system
• D) lower tariff rates
• E) a low debt-to-GDP ratio

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Definitions:

Candidates

Individuals who seek to be elected or appointed to a public office or position within an organization, typically representing a political party or a specific agenda.

Voting Rights Act

A landmark piece of federal legislation in the United States that prohibits racial discrimination in voting enacted in 1965.

Discriminated

Treated differently or unfairly based on characteristics like race, gender, or religion.

African Americans

A racial or ethnic group in the United States with ancestors who predominantly came from sub-Saharan Africa, many of whom were brought to America through the transatlantic slave trade.