Multiple Choice
The "A" term in the production function Y = F(A,K,eL) represents which factor of production in the Solow growth model?
A) physical capital
B) human capital
C) technological knowledge
D) organization of resources
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q59: Imagine an economy with production function Y
Q60: To become rich,a poor country must invent
Q61: Which of the following can drive long-run
Q62: Better ideas or technological knowledge causes:<br>A) the
Q63: Imagine an economy with production function Y
Q65: The production function can shift upward because
Q66: The growth rate of developed countries in
Q67: Countries on a "catching-up" growth path are
Q68: An increase in the investment rate results
Q69: In the Solow model,when investment equals depreciation,the