Multiple Choice
The equation 
has what two important implications?
A) Output per person tends to be higher when (1) the productivity parameter is higher and (2) the amount of capital per person is higher.
B) Output per person tends to be lower when (1) the productivity parameter is higher and (2) the amount of capital per person is higher.
C) Output per person tends to be higher when (1) the productivity parameter is lower and (2) the amount of capital per person is higher.
D) Output per person tends to be higher when (1) the productivity parameter is higher and (2) the amount of capital per person is lower.
E) The population tends to be higher when (1) the productivity parameter is higher and (2) the amount of capital per person is higher.
Correct Answer:
Verified
Correct Answer:
Verified
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