Which of the following would not be an example of a productivity shock?
A)The introduction of new management techniques
B)A change in government regulations affecting production
C)A change in the level of government transfer programs
D)A spell of unusually good or unusually bad weather

Question

Quizplus · Accepted Answer

The level of government transfer programs does not directly affect the productivity of the economy. The other choices all have the potential to affect productivity in different ways. A is an example of improving productivity through better management practices, B is an example of changes in the external environment affecting production, and D is an example of a natural factor that could affect productivity, particularly in industries that rely on weather conditions.

Which of the Following Would Not Be an Example of a Productivity