Refer to the Following Table When Answering the Following Questions

question 86

Multiple Choice

Refer to the following table when answering the following questions.
Table 4.1: Production Model's Prediction for Per Capita GDP (US = 1) (Source: Penn World Tables 9.0)
-One explanation for the difference between the predicted output per person and the observed per capita GDP in Table 4.1 is differences in:

• A) the labor supply.
• B) the state of technology.
• C) per capita capital.
• D) capital's share of GDP.
• E) labor's share of GDP.

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