If the Production Function Describing an Economy Is Y =

question 91

Multiple Choice

If the production function describing an economy is Y = 100 K0.25L0.75, then the share of output going to labor:

• A)is 25 percent.
• B) is 75 percent.
• C)depends on the quantities of labor and capital.
• D)depends on the state of technology.

---

Definitions:

Single Trait

The focus on one particular character attribute in the study or description of personality, enabling a simplified understanding of how that trait influences behavior.

High Self-esteem

A positive and confident perception of oneself, reflecting a belief in one’s own worth and abilities.

Big Five

Relates to the five broad personality traits used in psychology: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness Factor

A personality trait characterized by being thorough, careful, or vigilant; it implies a desire to do a task well.