Tutorial 1: GDP Accounting and productivity

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Last updated 10:15 PM on 4/22/26
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4 Terms

1
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If z = x /y , then gz =

gx - gy

2
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If z = x × y . then gz =

gx + gy

3
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If z = x^a , then gz =

a × gx

4
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Profit maximisation in the production model