Suppose than an economy has output Y = A , that Y equals $42 trillion, capital K is $64 trillion, and labor L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A?

A) less than 0.01
B) around 0.25
C) roughly 0.33
D) close to 0.4
E) exactly 144


D

Economics

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a. investment declines because a budget deficit makes interest rates rise. b. investment declines because a budget deficit makes interest rates fall. c. investment increases because a budget surplus makes interest rates rise. d. investment increases because a budget surplus makes interest rates fall.

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Artificially scarce goods are both:

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