logo
menu
Sign up
  1. Topics
  2. Business
  3. Macroeconomics Study Set 48
  4. Quiz 9: Long-Run Economic Growth

Growth Accounting Estimates The

Question 96
Multiple Choice

Growth accounting estimates the: A) increase in the population rate over time. B) increase in the inflation rate over time. C) contribution of each major factor in the aggregate production function to economic growth. D) contribution of the technology factor in the aggregate production function to economic growth.

Related questions
Q 97
(Figure: Productivity) Use Figure: Productivity. An improvement in technology with everything else remaining unchanged is shown on the diagram as a movement from: A) B to A. B) A to B. C) B to C. D) A to C.
Q 98
(Figure: Productivity) Use Figure: Productivity. An increase in physical capital per worker with everything else remaining unchanged is shown on the diagram as a movement from: A) B to C. B) A to C. C) A to B. D) B to A.
Q 99
Holding the human capital per worker and technology unchanged, the estimated aggregate production function in Jamaica is Y / L = 50 * K / L, where Y = real output, L = number of workers, and K = quantity of physical capital. If K / L = $81, then real GDP per worker is: A) $4,050. B) $4,000. C) $4,096. D) $40,500.
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020-2021 Cozyplus FZ LLC. All rights reserved