Explain how a sectoral shock is similar to, and different from, a total factor productivity shock.

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 09:25 AM

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Explain how a sectoral shock is similar to, and different from, a total factor productivity shock.

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When current employers have more information about worker quality than do potenti...View the full answer

Macroeconomics

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