Given the Production Function Y = a

question 31

Multiple Choice

Given the production function Y = A

,if an economy's capital per worker k is $27 thousand,and its total factor productivity A is 0.5,then output per worker is (approximately) ________.

• A)$13,500
• B)$40,500
• C)$3,000
• D)$5,000
• E)$1,500

---

Definitions:

Shock Studies

Research experiments that involve delivering electrical shocks to subjects to understand behavior and learning.

Obedience

Obedience is a form of social influence where an individual acts in response to a direct order from another individual, who is usually an authority figure.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered the norm or standard in a group.

Social Pressure

The influence exerted by society or social groups on individuals to conform to certain behaviors or attitudes.