A production function can be used to express the relationship between _____ and GDP.
A) GDP per capita
B) productivity
C) the factors of production
D) an economy's growth rate

Question

Quizplus · Accepted Answer

A production function expresses the relationship between the factors of production (e.g. labor, capital, technology) and the level of output, which is measured by GDP. Therefore, choice C is the correct answer. GDP per capita, productivity, and an economy's growth rate are all related to GDP, but they are not explicitly part of a production function.

A Production Function Can Be Used to Express the Relationship