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Given the Production Function Y = AF(K,N) and Assuming Constant

Question 40

Multiple Choice

Given the production function Y = AF(K,N) and assuming constant returns to scale, the contribution of capital to output growth can be estimated by


A) adding the growth rate of capital to the term A
B) multiplying the growth rate of capital by capital's share in production
C) subtracting the growth rate of labor from the rate of technological advancement
D) multiplying the capital-labor ratio by the level of output
E) multiplying total factor productivity with capital's share in production

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