Which of the Following Is Not a Reason for Differences

question 9

Multiple Choice

Which of the following is not a reason for differences in total factor productivity across countries?

• A) Differences in the size of population.
• B) learning by doing.
• C) barriers to the adoption of new technology.
• D) inefficient allocation of factors of production across firms in some countries.

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Definitions:

Acceptance

The agreement to the terms of an offer, contract, or proposal, thereby creating a binding legal obligation.

Roof

The structure covering the top of a building, designed to protect against weather, animals, and other external factors.

Invitation

An offer to deal or negotiate that indicates a willingness to enter into a contract under specified terms.

Firm Offer

An offer made in writing by a merchant guaranteeing to hold the offer open for a specified period of time without revocation.