Let α Represent Labor's Share of Total Output

question 7

Multiple Choice

Let α represent labor's share of total output.The Solow residual is represented by

• A)gᵧ - [αgN + (1 - α)gK].
• B)gᵧ.
• C)gK.
• D)αgN.
• E) 1 / (1 - α).

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