Productivity growth shocks in 2009 and early 2010 were
A)highly beneficial.
B)highly adverse.
C)moderately beneficial.
D)moderately adverse.

Question

Quizplus · Accepted Answer

Productivity growth shocks in 2009 and early 2010 were considered highly beneficial as they contributed to economic recovery following the global financial crisis of 2008. Higher productivity means more output is produced with the same amount of inputs, which is generally positive for the economy.

Productivity Growth Shocks in 2009 and Early 2010 Were