For the U.S.economy, We Can Assume That

question 2

Multiple Choice

For the U.S.economy, we can assume that

• A)output grows at the same rate as both capital and labor
• B)capital is a larger source of growth than labor
• C)labor is a larger source of growth than capital
• D)capital and labor both contribute equally to output growth
• E)both A and D

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Definitions:

Item List

A register or inventory of items that are available for use or sale, often found in accounting or inventory management software.

Home Page

The main screen or dashboard of software or a website, providing access to various sections and tools.

Enter Bills Window

In accounting software, a specific feature or interface where bills or invoices received from vendors are entered.

Journal Entry

A record of a financial transaction within the double-entry bookkeeping system, containing debits and credits.