A)03
B)1

question 58

Multiple Choice

$$\text { Consider the CES production function } Q = \left[ 3 L ^ { .67 } + 3 K ^ { , 67 } \right] ^ { 1.5 } \text {. The elasticity of substitution is: }$$

• A)0.3
• B)1.5
• C)0.67
• D)3.00

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Definitions:

Immigration

The movement of people into a country or region to which they are not native, in order to settle there, often in search of a better life, work, or to escape conflict.

United States

A country located in North America, comprising 50 states, a federal district, five major self-governing territories, and various possessions, known for its diverse geography, culture, and history.

Impact

The effect or influence of one event, action, or phenomenon on another; often analyzed in contexts ranging from environmental science to economics.

Revival Movements

Religious movements focused on reawakening faith among believers, often characterized by passionate preaching and community gatherings.