Economics 2152A/B Chapter Notes - Chapter 6: Growth Accounting, Pearson Education, Factors Of Production

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6. 1 multiple-choice questions: from 1982 to 1992 north samaria"s economy grew at an annual rate of 3. 5%, but from 1992 to 2002 north samaria"s economy grew by only 1% per year. In 1992 samaria"s per capita income was . How much higher would north samaria"s per capita income have been in. 2002 if growth from 1992 to 2002 had been 3. 5% rather than 1%: , , , . Diff: 3 type: mc page ref: 206: an economy"s output of goods and services depends on all of the following except, the quantity of capital input, the quantity of labour input, the productivity of inputs, the interest rate. Diff: 1 type: mc page ref: 181: the major source of economic growth is, capital, labour, technology, all of the above. Copyright 2012 pearson canada inc: suppose the current level of output is 5000, and the elasticity of output with respect to capital is 0. 4.

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