Title: Over the past year, output grew 6%, capital grew 2%, and labor grew 4%. If the elasticities of outpu Post by: johnpaul92 on Jan 30, 2016 Over the past year, output grew 6%, capital grew 2%, and labor grew 4%. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, respectively, how much did productivity grow?
A) 3.0% B) 2.0% C) 3.3% D) 2.6% Title: Re: Over the past year, output grew 6%, capital grew 2%, and labor grew 4%. If the elasticities of o Post by: supaman on Feb 4, 2016 Content hidden
Title: Re: Over the past year, output grew 6%, capital grew 2%, and labor grew 4%. If the elasticities of outpu Post by: johnpaul92 on Feb 13, 2016 Wow, you answered what I thought was impossible to answer, thank you!
Title: Re: Over the past year, output grew 6%, capital grew 2%, and labor grew 4%. If the elasticities of outpu Post by: supaman on Feb 14, 2016 Every little bit helps, right? Glad I solved your question
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