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    Macroeconomics Study Set 34
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    Exam 12: Technological Progress and Growth
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    Let α Represent Labor's Share of Total Output
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Let α Represent Labor's Share of Total Output

Question 1

Question 1

Multiple Choice

Let α represent labor's share of total output.The Solow residual is,therefore,represented by


A) αgy.
B) αgA.
C) αgK.
D) αgN.
E) 1 / α.

Correct Answer:

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