Multiple Choice
If the utilization rates of capital (uK) and labor (uN) are procyclical,then the Solow residual,as conventionally measured,is
A) Y[(uKK) a) (uNN) 1-a]
B) Y / [(uKK) a) (uNN) 1-a]
C) A ![If the utilization rates of capital (u<sub>K</sub>) and labor (u<sub>N</sub>) are procyclical,then the Solow residual,as conventionally measured,is A) Y[(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>] B) Y / [(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>] C) A D) 1/{Y[(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>]}](https://d2lvgg3v3hfg70.cloudfront.net/TB3058/11ea43ac_f651_c0cf_ad0c_2b5c9a19666a_TB3058_11.jpg)
![If the utilization rates of capital (u<sub>K</sub>) and labor (u<sub>N</sub>) are procyclical,then the Solow residual,as conventionally measured,is A) Y[(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>] B) Y / [(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>] C) A D) 1/{Y[(u<sub>K</sub>K) <sup>a</sup>) (u<sub>N</sub>N) <sup>1-</sup><sup>a</sup>]}](https://d2lvgg3v3hfg70.cloudfront.net/TB3058/11ea43ac_f651_e6e0_ad0c_39fa6d58f147_TB3058_11.jpg)
D) 1/{Y[(uKK) a) (uNN) 1-a]}
Correct Answer:
Verified
Correct Answer:
Verified
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