Multiple Choice
Refer to the following table when answering the following questions.
Table 4.1: Production Model's Prediction for Per Capita GDP (US = 1) (Source: Penn World Tables 9.0)
-One explanation for the difference between the predicted output per person and the observed per capita GDP in Table 4.1 is differences in:
A) the labor supply.
B) the state of technology.
C) per capita capital.
D) capital's share of GDP.
E) labor's share of GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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