Using the Growth Accounting Equation, If the Growth Rate of Output

question 84

Multiple Choice

Using the growth accounting equation, if the growth rate of output is 5 percent, the growth rate of labor is 4 percent, the growth rate of technology is 3 percent, and α = 0.8, then the growth rate of capital can be estimated to be:

• A) 4.75 percent.
• B) 5 percent.
• C) 5.5 percent.
• D) 6 percent.

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Definitions:

Prophase II

A stage of meiosis where chromosomes condense, nuclear envelopes break down, and spindle apparatus forms in each of the two daughter cells from meiosis I.

Chromatin

A complex of DNA and proteins that forms chromosomes within the nucleus of eukaryotic cells, structures that condense to facilitate mitosis and meiosis.

Chiasmata

The points of crossing over and genetic exchange between homologous chromosomes during meiosis.

Crossing Over

A process during meiosis in which homologous chromosomes exchange portions of their chromatids, leading to genetic variation.