An equation that enables economists to estimate the relative contributions of capital and technology to productivity growth is known as
A)the proportions formula.
B)the technology growth formula.
C)the technology proportion formula.
D)the Sarbanes-Oxley formula.
E)None of these

Question

Quizplus · Accepted Answer

The question describes the Solow Residual, also known as Total Factor Productivity (TFP), which is not explicitly listed among the provided options. The Solow Residual is a concept in economics that measures the portion of output growth in an economy that cannot be attributed to the accumulation of capital and labor, implying the role of technological progress. None of the given choices accurately represent this concept.

An Equation That Enables Economists to Estimate the Relative Contributions