Shocks can have both positive and negative effects on productivity in an economy.

Name: Shocks can have both positive and negative effects on productivity in an economy.
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Question

Quizplus · Accepted Answer

Shocks, such as natural disasters or changes in technology, can disrupt productivity in the short term but may lead to positive long-term effects such as increased innovation and resource allocation. Therefore, shocks can have both positive and negative effects on productivity in an economy.

Shocks Can Have Both Positive and Negative Effects on Productivity