Multiple Choice
Changes that can increase measured total factor productivity include:
A) increased expenditures on education.
B) regulations requiring reductions in pollution.
C) regulations requiring increases in worker safety.
D) increases in the capital-labor ratio.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Suggest three explanations for the productivity slowdown
Q34: If productivity growth in the United States
Q35: The Solow model predicts that two economies
Q36: What is the difference between convergence and
Q37: What is the 'efficiency of labor'? How
Q39: One explanation for greater economic development in
Q40: Public policies in the United States designed
Q41: What does the Solow model predict about
Q42: In year 1, capital stock was 6,
Q43: Suppose a government is able to permanently