The growth in per worker GDP in Canada from 2000 to 2005 was mainly the result:
A) improved technology as measured by the Solow residual.
B) increased labour force and employment.
C) strong investment and growth in capital stock which raised the capital/labour ratio.
D) a fall in the size of the labour force as the population aged, which raised the capital/labour ratio.
Correct Answer:
Verified
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A)
