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In the Cobb-Douglas Production Function , If a =

Question 75

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In the Cobb-Douglas production function In the Cobb-Douglas production function , if a = 1/3, then: A) labor's share of GDP is two-thirds. B) labor's share of GDP is one-third. C) capital's share of GDP is two-thirds. D) capital's share of income is one. E) labor's share of income is three. , if a = 1/3, then:


A) labor's share of GDP is two-thirds.
B) labor's share of GDP is one-third.
C) capital's share of GDP is two-thirds.
D) capital's share of income is one.
E) labor's share of income is three.

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