If the Growth Rate of Technology Is 2 Percent Over

question 162

Multiple Choice

If the growth rate of technology is 2 percent over a given period of time and there has been no change in the amount of capital per hour worked, then, based on Solow's growth accounting formula, the growth rate of real GDP per hour of work will be

• A)1.67 percent.
• B)1 percent.
• C)1.67 percent
• D)3 percent.
• E)2 percent.

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Definitions:

Cognitive-Behavioral Therapy

A popular integrated therapy that combines cognitive therapy (changing self-defeating thinking) with behavior therapy (changing behavior).

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