A. What Is the Solow Residual

question 15

Essay

a. What is the Solow residual?
b. Compare Prescott’s interpretation of the fluctuations of the Solow residual over the business cycle with more standard explanations of these fluctuations.

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The entitlement of individuals to have their personal information, activities, and lifestyle kept free from public scrutiny or interference.

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Unconditional or total; often refers to rules, principles, or truths that are universally valid or that can be applied universally.

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