One of the issues not dealt with in most studies of total factor productivity but specifically addressed in Fuess and Van den Berg's studies is:
A) intensity of capital use.
B) depreciation of human capital.
C) the inclusion of household activity in the measure of the economy's total output.
D) All of the above.
E) None of the above.
Correct Answer:
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Q30: When the learning-by-doing process is specified as
Q31: The learning-by-doing model:
A) exhibits increasing returns to
Q32: What comes first, basic scientific research or
Q33: Technological progress:
A) is similar no matter where
Q34: Paul Romer's definition of technology includes:
A) institutions.
B)
Q35: The Solow residual is estimated using the
Q36: The Solow residual is:
A) usually very small.
B)
Q37: A measure of an economy's technological progress
Q38: The estimates of total factor productivity presented
Q40: Researchers seeking to estimate total factor productivity
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