Y = A x F(L, K) is a simple:
A) consumption function.
B) savings function.
C) export function.
D) production function.
Correct Answer:
Verified
Q10: Which of the following statements is false?
A)
Q11: Growth accounting attempts to measure the factors
Q12: The factors of production are:
A) land, labour,
Q13: To the economist, productive capital is defined
Q14: The production function shows the relationship between:
A)
Q16: Based on a simple production function, potential
Q17: A simple production function can be written
Q18: In the equation for the production function
Q19: In terms of 'growth accounting' the sources
Q20: The Solow residual is:
A) the difference between
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