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    Macroeconomics Study Set 4
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    Exam 4: Consumer and Firm Behaviour: The Work–Leisure Decision and Profit Maximization
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    The Solow Residual Is a Measure of
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The Solow Residual Is a Measure of

Question 51

Question 51

Multiple Choice

The Solow residual is a measure of


A) average labour productivity.
B) average capital productivity.
C) total factor productivity.
D) the rate of growth of real GDP.
E) the marginal product of labour.

Correct Answer:

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