menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 38
  4. Exam
    Exam 4: A Model of Production
  5. Question
    If the US Total Factor Productivity Is 1
Solved

If the US Total Factor Productivity Is 1

Question 73

Question 73

True/False

If the U.S. total factor productivity is 1.00 and China's is 0.33, then the U.S. capital per worker is 67 percentage points more productive than China's.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q68: Figure 4.5: Production Function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="Figure

Q69: Suppose the total factor productivity in Switzerland,

Q70: In the Cobb-Douglas production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg"

Q71: Refer to the following figure when

Q72: The two main inputs we consider in

Q74: If the production function is given by

Q75: In the Cobb-Douglas production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg"

Q76: The production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="The production

Q77: The production function <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6622/.jpg" alt="The production

Q78: The marginal product of labor is defined

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines