True/False
If the production function is given by 
, then labor's share of GDP is one-third.
Definitions:
Related Questions
Q16: Comparative income statements for Purcell Company are
Q37: To get increasing returns to scale using
Q57: Assume that both Japan's and the United
Q76: The three main sections of the statement
Q80: The natural rate of unemployment is equal
Q101: Suppose that rather than the Cobb-Douglas production
Q104: You are considering an investment in General
Q105: An analysis procedure that uses percentages to
Q111: Consider Table 2.2. From this data, total
Q114: In the Romer model, if Canada and