Recall the Application about adapting growth accounting to new developments in the economy to answer the following question(s) .
-According to this Application, economists Carol Corrado and Charles Hulten found that in recent years, as a source of economic growth,
A) the contributions from tangible capital and intangible capital are, at best, negligible.
B) the contributions from tangible capital and intangible capital are about the same.
C) the contribution from intangible capital exceeded the contribution from tangible capital.
D) the contribution from tangible capital exceeded the contribution from intangible capital.
Correct Answer:
Verified
Q83: Labor productivity is defined as
A) total output
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Q86: Recall the Application about growth in China
Q87: Growth accounting refers to the method used
Q89: An event that allows the economy to
Q90: Recall the Application about growth in China
Q91: Technological progress means that we produce more
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Q93: In terms of technological progress, economists interpret
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