In the Cobb-Douglas Production Function , If a =

question 75

Multiple Choice

In the Cobb-Douglas production function , if a = 1/3, then:

• A) labor's share of GDP is two-thirds.
• B) labor's share of GDP is one-third.
• C) capital's share of GDP is two-thirds.
• D) capital's share of income is one.
• E) labor's share of income is three.

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Definitions:

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people, which can be towards the same sex, opposite sex, both, or any sex or gender.

Social Inequality

The unequal distribution of resources, opportunities, and privileges among different social groups, often based on factors such as race, gender, or economic status.

Queer Theory

An academic field that challenges normative views of sexuality and gender, focusing on the variability and social construction of sexual identities.

Transsexuals

Believe they were born with the “wrong” body. They identify with, and want to live fully as, members of the “opposite” sex.