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Let α Represent Labor's Share of Total Output

Question 7

Multiple Choice

Let α represent labor's share of total output.The Solow residual is represented by

A) gᵧ - [αgN + (1 - α) gK].
B) gᵧ.
C) gK.
D) αgN.
E) 1 / (1 - α) .

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