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Title: Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticities of
Post by: johnpaul92 on Jan 30, 2016
Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticities of output with respect to capital and labor are 0.2 and 0.8, respectively, how much did output grow?
A) 1%
B) 2%
C) 3%
D) 4%


Title: Re: Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticitie
Post by: supaman on Feb 4, 2016
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Title: Re: Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticities of
Post by: johnpaul92 on Feb 13, 2016
This answers my question, thank you so much


Title: Re: Over the past year, productivity grew 2%, capital grew 1%, and labor grew 1%. If the elasticities of
Post by: supaman on Feb 14, 2016
Take care for now