Which of the Following Would Be the Least Likely to Increase

question 43

Multiple Choice

Which of the following would be the least likely to increase total factor productivity?

• A) private investment in research and development
• B) increases in human capital
• C) the establishment of strong property rights
• D) increases in the population growth rate

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Definitions:

Sampling Variability

The natural variation in sample statistics from one sample to another if the experiment or survey were repeated under the same conditions.

Durbin-Watson D Statistic

Utilized in analyzing the extent of autocorrelation in the residuals from regression models, specifically focusing on serial correlation.

Normality

The condition of conforming to a normal distribution, characterized by data that plots as a bell-shaped curve.

Durbin-Watson Statistic

A measure used in statistics to detect the presence of autocorrelation at lag 1 in the residuals from a regression analysis.