In the Cobb-Douglas Production Function , If a =

question 22

Multiple Choice

In the Cobb-Douglas production function , if a = 1/4, then:

• A) capital's share of GDP is one-fourth.
• B) labor's share of GDP is half.
• C) capital's share of GDP is three-fourths.
• D) labor's share of income is one-fourth.
• E) capital's share of GDP is four.

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