In a Small Country Each Labor Hour Has Capital Stock

question 83

Multiple Choice

In a small country each labor hour has capital stock equal to 900 units. This year it produced 20 units of new capital goods, with a depreciation rate of 10 percent, and a production function of . If there is no technological advancement, what will the growth rate in this country be over the next year?

• A) -3.96 percent
• B) 10 percent
• C) 2.4 percent
• D) -4.13 percent

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Definitions:

DQ Scoring Systems

Evaluation systems used to measure developmental progress or delays in children across various domains.

Developmental Scales

Tools or measures used to assess the progression of a child's physical, social, intellectual, and emotional development over time.

Intelligence Test

A standardized assessment tool designed to measure general cognitive abilities, including memory, reasoning, problem-solving, and verbal skills.

Perceptual Motor Skill

The coordinated function of processing sensory information to guide motor movements.