Which of the Following Is True About Total Factor Productivity

question 18

Multiple Choice

Which of the following is true about total factor productivity (TFP) ?

• A)it can be measured just like capital and labor
• B)it cannot be directly measured so it has to be calculated from given values of capital,labor and output
• C)while it cannot be measured directly,it has an exponent of 0.3 in the Cobb-Douglas production function
• D)while it cannot be measured directly,it has an exponent of 0.7 in the Cobb-Douglas production function
• E)none of the above

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Definitions:

Orthostatic Hypotension

Decrease in blood pressure related to positional or postural changes from lying to sitting or standing positions.

Dependent Edema

Swelling caused by the accumulation of fluid in tissues, typically influenced by gravity and often seen in the lower legs and feet.

Lactated Ringer's Solution

is a fluid commonly used for intravenous hydration and electrolyte replenishment in medical settings, especially during surgery.