Which of the following is the formula for the growth rate of multifactor productivity written so that the first term in the equation represents the growth rate of labor productivity?
A) y + bk + (1 - b) n
B) y = a + bk + (1 - b) n
C) a = y - bk - (1 - b) n
D) a = (y - n) - b(k - n)
Correct Answer:
Verified
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