Top Posters
Since Sunday
L
4
d
4
3
k
3
k
3
j
3
k
3
b
3
f
3
b
3
d
3
h
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
Over the past year, productivity grew 1%, capital grew 0%, and labor grew 5%. If the elasticities of output with respect to capital and labor are 0.4 and 0.6, respectively, how much did output grow?
A) 1%
B) 2%
C) 3%
D) 4%
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 131 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Take care for now
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1123 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 319
  
 918
  
 942