The one- third rule
A) helps determine the demand for labor.
B) explains why the aggregate production function shifts.
C) is used to show how capital contributes to an increase in output.
D) is used to show how increases in labor contribute to increases in real GDP per person.
Correct Answer:
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Q230: If capital per hour of labor increases
Q231: Suppose capital per hour of labor grows
Q232: Growth accounting divides the growth of labor
Q233: If capital per hour of labor grows
Q234: The one- third rule states that a
Q236: The one- third rule
A) says that if
Q237: Which of the following describes the one-
Q238: Suppose capital per hour of labor grows
Q239: Using growth accounting, a factor leading to
Q240: Using growth accounting, technological change is calculated
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