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In the Cobb-Douglas Production Function

Question 51

Multiple Choice

In the Cobb-Douglas production function In the Cobb-Douglas production function ,labor's share of GDP is _________. A) two-thirds regardless of how much labor there is B) two-thirds but can change as more laborers are added C) one-third regardless of how much labor there is D) always equal to one E) Not enough information is given.
,labor's share of GDP is _________.


A) two-thirds regardless of how much labor there is
B) two-thirds but can change as more laborers are added
C) one-third regardless of how much labor there is
D) always equal to one
E) Not enough information is given.

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