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Cultural and Social Forces,such as Religious Prohibitions on Certain Activities

Question 18

Multiple Choice

Cultural and social forces,such as religious prohibitions on certain activities or ethical norms regarding effort


A) have no effect on economic output, and so are deliberately excluded from growth accounting
B) are not captured in the production functions used for growth accounting
C) are assumed to influence total factor productivity
D) are measured as part of labor input
E) are treated as 'social capital' in the production function

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