Which of the Following Is a Reason Why the Coefficient

question 20

Multiple Choice

Which of the following is a reason why the coefficient corresponding to the growth rate of capital per hour of work is one-third in Solow's growth accounting formula?

• A)Capital income plus depreciation is approximately one-third of aggregate income.
• B)Capital income plus depreciation is approximately three times the amount of aggregate income.
• C)The amount of capital in use is approximately one-third of GDP.
• D)The amount of capital in use is approximately three times the level of GDP.
• E)Capital is one of the three factors of production.

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Definitions:

Meiosis

The process that produces sperm and ova, each of which contains only half of the parent cell’s original complement of 46 chromosomes.

Identical Twins

Twins who have developed from a single fertilized egg, sharing the same genetic makeup.

Monozygotic Twins

Identical twins that develop from a single fertilized egg, sharing the same genetics.

Dizygotic Twins

Also known as fraternal twins, are siblings that result from the fertilization of two different eggs by two different sperm cells, leading to the birth of genetically unique siblings.