What are the effects of an increase in the total factor productivity on key business cycle facts?

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What are the effects of an increase in the total factor productivity on key business cycle facts? Why are temporary shocks a cause of business cycles?

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Macroeconomics

ISBN: 9781292215792

6th Global Edition

Authors: Stephen Williamson

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Question Posted: Oct 14, 2024 10:00 AM

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What are the effects of an increase in the total factor productivity on key business cycle facts? Why are temporary shocks a cause of business cycles?
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What are the effects of an increase in the total factor productivity on key business cycle facts?

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Macroeconomics

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