Question: 3. Working with Macroeconomic Data Exercise 1, Chapter 10, asked you to look at the cyclical behavior of total factor productivity. If you have not

3. Working with Macroeconomic Data Exercise 1, Chapter 10, asked you to look at the cyclical behavior of total factor productivity. If you have not completed that problem, do it now and compare productivity changes with changes in the producer price index for fuels and related prod ucts and power. How would Keynesian interpretations differ from those offered by classical macroeconomics?

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