What is the growth rate of multifactor productivity if b = 0.20, k = 3, n = 1, and y = 4?
A) 1.0
B) 0.4
C) 2.4
D) 2.8
D
Economics
You might also like to view...
How can specializing in lending help to reduce the adverse selection problem in lending?
What will be an ideal response?
Economics
Which of the following conditions must hold to ensure that profits are, in fact, at a maximum?
A. d(MC(Q))/dQ < 0 B. d(MC(Q))/dQ > 0 and d2?(Q)/dQ2 < 0 C. d(MC(Q))/dQ > 0 D. d2?(Q)/dQ2 < 0
Economics