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Recall the aggregate production function. If you held human capital constant and graphed output ...
ahyukj
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Recall the aggregate production function. If you held human capital constant and graphed output ...
Recall the aggregate production function. If you held human capital constant and graphed output (i.e., Y) against capital (i.e., K), how would technological transfers from HDI have affected China's aggregate production function?
▸ It shifts to the right.
▸ It shifts up.
▸ It shifts to the left.
▸ It shifts down.
Textbook
Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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It shifts up.
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ahyukj
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This helped my grade so much
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I appreciate what you did here, answered it right
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