Consider the following production function
Y = A×Ka×L1?a.
?
If a = 0.4, and over the past year output grew 4 percent, total factor productivity (TFP) grew 2.6 percent, and labor grew 1 percent, what was the growth rate of capital?
A. 4 percent
B. 3 percent
C. 2 percent
D. 1 percent
Answer: C
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If a company dramatically lowers prices to take market share from rival firms, this is an example of
A. innovativeness. B. competitive aggressiveness. C. autonomy. D. proactiveness.
A nonbusiness bad debt is deductible only in the year in which the debt becomes totally worthless.
Answer the following statement true (T) or false (F)
Because of the financial risk and the detriment they can have on your future financial situation, what should you completely understand before you consider getting and using?
A) Vehicle B) Consumer Loan C) Credit Card D) House E) Credit Line
Since risk premiums vary, so do required returns (yields) High quality, safe real estate investments: ___ or less Development: ____ or more
Fill in the blank(s) with the appropriate word(s).