If Y Is Output, K Is Capital, U Is the Fraction

question 27

Multiple Choice

If Y is output, K is capital, u is the fraction of the labour force in universities, L is labour, and E is the stock of knowledge, and the production Y = F (K,(1 - u) EL) exhibits constant returns to scale, then output (Y) will double if:

• A)K is doubled.
• B)K and u are doubled.
• C)K and E are doubled.
• D)L is doubled.

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Definitions:

Peripheral Nervous System

The part of the nervous system that lies outside the central nervous system, comprising nerves and ganglia, responsible for transmitting sensory input and motor output between the CNS and the rest of the body.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for integrating sensory information and responding accordingly.

Sensory Division

Part of the peripheral nervous system that transmits sensory information to the central nervous system.

Brachial Plexus

A network of nerve fibers running from the spine, through the neck, and into the arm, responsible for sensory and motor functions.