The growth rate of which of the following is not a component of the growth accounting equation?
A)the capital stock
B)labor
C)depreciation
D)available technology

Question

Quizplus · Accepted Answer

The growth accounting equation typically includes the growth rate of the capital stock, labor, and available technology as components to explain the growth rate of an economy's output. Depreciation is not directly a component of this equation; it is a factor that affects the net investment in the capital stock but is not itself a growth rate component in the equation.

The Growth Rate of Which of the Following Is Not