Recall the Application About Adapting Growth Accounting to New Developments

question 18

Multiple Choice

Recall the Application about adapting growth accounting to new developments in the economy to answer the following question(s) .
-According to this Application, economists Carol Corrado and Charles Hulten found that

• A) the combined contributions from tangible capital and intangible capital contributed more to economic growth than technological progress.
• B) the combined contributions from tangible capital and intangible capital contributed less to economic growth than technological progress.
• C) the contributions from traditional capital are still the primary source of economic growth.
• D) labor no longer plays a significant role as a source of economic growth.

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