The Next Questions Refer to the Following

question 11

Multiple Choice

The next questions refer to the following.
Suppose the economy has TFP = 10, there are 400 hours worked, and 60 unit of capital and 210 units of land the Cobb-Douglas production function is:
Output = TFP x Hours^0.3 x Capital^0.3 x Land^0.2.
-For this hypothetical economy,the share of output paid to land is

• A) 70%
• B) 20%
• C) 50%
• D) 10%
• E) 90%

---

Definitions:

Rubella

A contagious viral infection characterized by a distinctive red rash, also known as German measles.

Unborn Child

A term referring to a fetus or embryo before it is born.

Human Chorionic Gonadotropin

A hormone produced during pregnancy by the placenta, often used in pregnancy tests and also in fertility treatments.

Ovulating

The phase in the menstrual cycle when an ovary releases an egg, making it available for fertilization.