Multiple Choice
The growth rate of real GDP is best represented as
A) (Contribution from capital) + (Contribution from labour) + (Contribution from total factor productivity)
B) (Contribution from capital + Contribution from labour) / (Contribution from total factor productivity)
C) (Contribution from total factor productivity) / (Contribution from capital + Contribution from labour)
D) (Contribution from capital) × (Contribution from labour) × (Contribution from total factor productivity)
Correct Answer:
Verified
Correct Answer:
Verified
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