Multiple Choice
Which of the following explain differences in total factor productivity?
A) institutions
B) human capital
C) natural resources
D) technology
E) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Institutions are one example of factors that
Q27: The marginal product of labor is measured
Q44: Suppose the payments to capital and
Q47: In the United States,the average number of
Q48: The production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="The production
Q50: If the production function is given by
Q51: In the Cobb-Douglas production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg"
Q52: If <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="If And
Q54: In the equation <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4305/.jpg" alt="In the
Q113: A model is a _ representation of