In the Production Function Y = AF(K,N),A Is ________,K Is

question 79

Multiple Choice

In the production function Y = AF(K,N) ,A is ________,K is ________,and N is ________.

• A)total factor productivity; the capital stock; the number of workers employed
• B)total factor productivity; investment; the number of workers employed
• C)the productivity of labor; the capital stock; the size of the labor force
• D)the productivity of labor; investment; the size of the labor force

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Definitions:

Life

The condition that distinguishes animals and plants from inorganic matter, including the capacity for growth, reproduction, functional activity, and continual change preceding death.

Station

A designated area or place intended for a particular use, often referring to a transportation hub or broadcasting facility.

Tradition

Customary patterns of thought, action, or behavior that are handed down within a culture or group over generations.

Republic

A form of government in which the country is considered a "public matter" and the head of state is an elected or nominated president, not a monarch.