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With the Production Function Yt=AtKt1/3Lt2/3Y _ { t } = A _ { t } K _ { t } ^ { 1 / 3 } L _ { t } ^ { 2 / 3 }

Question 109

Multiple Choice

With the production function Yt=AtKt1/3Lt2/3Y _ { t } = A _ { t } K _ { t } ^ { 1 / 3 } L _ { t } ^ { 2 / 3 } , if we double ________, we have an increasing returns production.


A) capital
B) capital and the stock of ideas
C) capital and labor
D) capital, labor, and the stock of ideas
E) labor and the stock of ideas

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