Question: assuming the productivity shock was specifically a shock to future MPK Explain your answer please ? There has been much discussion lately in the press

assuming the productivity shock was specifically a shock to future MPK

Explain your answer please?

assuming the productivity shock was specifically a shock to future MPK Explain

There has been much discussion lately in the press about a "Fourth Industrial Revolution" where emerging technologies may massively increase the productivity of our economy. Fill in the blanks below to describe the impact of this revolution as predicted by the Keynesian model on the short run quantities of each of the following. Options are same, increase, decrease, or depends (please use exactly these words). Starting at General Equilibrium (4 points each): on output [A] on employment [B] on consumption [C] on price level [D]

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