Solved

Total Factor Productivity May Be Measured By

Question 52

Multiple Choice

Total factor productivity may be measured by:


A) subtracting the rate of growth of capital input and the rate of growth of labour input from the rate of growth of output.
B) subtracting the rate of growth of capital input, multiplied by capital's share of output, plus the rate of growth of labour input, multiplied by labour's share of output, from the rate of growth of output.
C) adding the rate of growth of capital input to the rate of growth of labour input.
D) adding the rate of growth of capital input, multiplied by capital's share of output, to the rate of growth of labour input, multiplied by labour's share of output.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents