For an Economy with a Cobb-Douglas Production Function in Which

question 13

Multiple Choice

For an economy with a Cobb-Douglas production function in which labor receives 70% of national income and capital receives 30%,a 10% increase in total hours worked,holding all else constant

• A) increases the marginal product of labor by 3%
• B) increases the marginal product of capital by 7%
• C) increases total factor productivity by 5%
• D) increases the share of national income paid to labor 10%
• E) increases output by 10%

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Definitions:

Short Urethra

A condition where the urethra, the tube leading from the bladder to the outside of the body, is shorter than normal, potentially affecting urinary flow and function.

Urinary Tract Infections

Infections caused by bacteria affecting the urinary system, including the bladder, kidneys, and urethra.

Perineum

The region of the body between the pubic symphysis and the coccyx, including the external genitalia and the anus, often referenced in childbirth and injury.

Renal Ultrasounds

A diagnostic imaging method used to visualize the kidneys and related structures like the bladder using sound waves.