In the Production Function Y = AF(K,N),total Factor Productivity Is

question 5

Multiple Choice

In the production function Y = AF(K,N) ,total factor productivity is

• A)Y/A.
• B)A)
• C)K/N.
• D)Y/N.

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Definitions:

Work Sheet

An informal document used by accountants to prepare and adjust financial statements.

Current Ratio

A financial ratio indicating a firm's capability to meet its short-term liabilities using its available assets.

Short Term Liabilities

Financial obligations that are due within one year or within the normal operating cycle of the business.

Short Term Assets

Assets expected to be converted into cash or used within one year or one business cycle, whichever is longer.