Total Factor Productivity May Be Measured By

question 70

Multiple Choice

Total factor productivity may be measured by:

• A)subtracting the rate of growth of capital input and the rate of growth of labour input from the rate of growth of output.
• B)subtracting the rate of growth of capital input, multiplied by capital's share of output, plus the rate of growth of labour input, multiplied by labour's share of output, from the rate of growth of output.
• C)adding the rate of growth of capital input to the rate of growth of labour input.
• D)adding the rate of growth of capital input, multiplied by capital's share of output, to the rate of growth of labour input, multiplied by labour's share of output.