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The simplest calculation of the growth rate of multifactor productivity starts with the growth rate ...

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The simplest calculation of the growth rate of multifactor productivity starts with the growth rate ...

The simplest calculation of the growth rate of multifactor productivity starts with the growth rate of real GDP and then
A) subtracts the growth rate of labor.
B) subtracts the growth rate of capital.
C) subtracts the growth rate of labor and some fraction of the growth rate of the capital-labor ratio.
D) adds the growth rate of labor and then subtracts the depreciation and population growth rates.

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Macroeconomics

Edition: 12^th

Author: Gordon

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