Multiple Choice
In the Cobb-Douglas production function , if a = 1/4, then:
A) capital's share of GDP is one-fourth.
B) labor's share of GDP is half.
C) capital's share of GDP is three-fourths.
D) labor's share of income is one-fourth.
E) capital's share of GDP is four.
Correct Answer:

Verified
Correct Answer:
Verified
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