Multiple Choice
According to Robert Solow's one- third rule, if both capital per hour of labor and real GDP per hour of labor grow by 3 percent a year, then we can conclude that
A) capital growth contributed one- third of one percent to GDP growth
B) most of the growth in GDP per hour of labor was due to growth in capital per hour of labor.
C) technological change contributed 2 percent to growth in GDP per hour of labor.
D) the one- third rule has been violated.
Correct Answer:

Verified
Correct Answer:
Verified
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