In the formula , the term represents
A) the change in capital per hour.
B) the growth rate of the labor force.
C) the growth rate of capital per hour.
D) the slope of the productivity function.
E) the increase in productivity.

Question

In the formula  , the term  represents
A) the change in capital per hour. 
B) the growth rate of the labor force. 
C) the growth rate of capital per hour. 
D) the slope of the productivity function. 
E) the increase in productivity.

Quizplus · Accepted Answer

The term 11eab930_5264_fc7d_99e6_e9b36b4a0e99_TB6036_11 represents the growth rate of capital per hour. This is because it is a part of the Solow growth model equation, which relates the growth rate of output to the growth rates of labor and capital, as well as to the rate of technological progress.

In the Formula , the Term Represents