If, in the Cobb-Douglas production, the value of E is $15000, is .3 and capital per worker is $200,000, then output per worker would be approximately
A) $70500
B) $144500
C) $91949
D) $32627
Correct Answer:
Verified
Q29: If an economy is very unproductive
A) a
Q30: If an economy is very productive
A) the
Q31: If, in the Cobb-Douglas production, the value
Q32: If, in the Cobb-Douglas production, the value
Q33: If, in the Cobb-Douglas production, the value
Q35: The net flow of saving is equal
Q36: Total savings in the economy is equal
Q37: Household saving is equal to
A) Y-C-T.
B) C-Y-T
C)
Q38: Net foreign savings is equal to
A) C+I+G.
B)
Q39: Total investment is equal to
A) household saving.
B)
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