教材READING16课后题第11题咨询

教材READING16课后题第11题咨询

11.Which of the statements expressed bySchmidt about the neoclassical approach to growth accounting is correct?

A.Statement 1.

B.Statement 2.

C.Statement 3.

Statement 1  The growth in total factor productivity is notdirectly observable.

Statement 2 The growth factors must be stated in nominal (i.e., notinflation-adjusted) terms.

Statement 3 The total output may not grow at a rate faster than predicted by thegrowth in capital stock and in labor force.

Statement 3哪里不对了？

the theory assumes constant return to scale