Multiple Choice
The equation
Has two important implications:
A) Output per person tends to be higher when (1) the productivity parameter is higher,and (2) the amount of capital per person is higher.
B) Output per person tends to be lower when (1) the productivity parameter is higher,and (2) the amount of capital per person is higher.
C) Output per person tends to be higher when (1) the productivity parameter is lower,and (2) the amount of capital per person is higher.
D) Output per person tends to be higher when (1) the productivity parameter is higher,and (2) the amount of capital per person is lower.
E) Output tends to be higher when (1) the productivity parameter is higher,and (2) the amount of capital per person is higher.
Correct Answer:

Verified
Correct Answer:
Verified
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