Assume employment income is 2/3 of net domestic income
-Refer to Table 14.1. According to the information in the table, improvements in technology increased total factor productivity and potential output by 7%:
A) in the period 2015 - 2020.
B) in the periods 2005 - 2010 and 2010 - 2015.
C) in all periods in the table.
D) in the period 2010 - 2015.
Correct Answer:
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Q31: Which of the following statements is false?
A)
Q32: Suppose the inputs of labour and capital
Q33: Suppose the inputs of labour and capital
Q34: Assume employment income is 2/3 of net
Q35: Assume employment income is 2/3 of net
Q37: A likely source of economic growth would
Q38: Greater labour force participation by women increases
Q39: The most frequently used measure of productivity
Q40: If the aggregate production function is Y
Q41: If the production function per labour is
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