In the Production Function Real GDP = T (L,K,NR,H),the T

question 99

Multiple Choice

In the production function Real GDP = T (L,K,NR,H) ,the T represents the _____________ coefficient,the L represents ________________,the K represents _______________,the NR represents natural resources,and the H represents ________________.

• A) tax; labor; capital; humanity
• B) technology; labor; knowledge; humanity
• C) technology; labor; capital; human capital
• D) trade; labor; knowledge; human capital

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Definitions:

Opioid

A class of drugs that includes both legal pain relievers like morphine and illegal drugs like heroin, known for their potent pain-relieving and addictive properties.

Regularly Smoke Cigarettes

The habitual act of smoking tobacco products, specifically cigarettes, on a frequent basis.

Unemployed

The state of not having a job or employment, often measured as part of a country's workforce.

Non-Hispanic White Male

A demographic term referring to men who identify as White and are not of Hispanic or Latino origin.