Solved

Differences in Output Across Economies with the Same Per Capita

Question 61

Multiple Choice

Differences in output across economies with the same per capita capital stock can be explained by


A) differences in labor.
B) differences in total factor productivity.
C) similarities in total factor productivity.
D) differences in physical capital.
E) similarities in physical capital.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q56: As a measure for total factor productivity,we

Q57: In the production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="In

Q58: Convert the Cobb-Douglas production <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="Convert

Q60: In the poorest countries in the world,the

Q62: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt=" -In Figure 4.4,MPL

Q63: In the Cobb-Douglas production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg"

Q65: If the U.S.total factor productivity is 1.00

Q83: Mathematically, an economic model is:<br>A) a fake

Q115: Exogenous variables are predetermined by the model

Q121: What are the three sources of total