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    Macroeconomics Study Set 47
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    Exam 12: Technological Progress and Growth
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    Use the Following Information to Answer the Question(s) Below
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Use the Following Information to Answer the Question(s) Below

Question 39

Question 39

Multiple Choice

Use the following information to answer the question(s) below:
6 = 0.13
gA = 0.05
gN = 0.04
-Given the information above, we know that effective labour (AN) grows at what rate?


A) 4%.
B) 2%.
C) 17%.
D) 9%.
E) 11%.

Correct Answer:

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