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11. What might explain why TFP differs so much across countries? 12. Do the following production functions exabits increasing, decreasing or constant return to scale

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11. What might explain why TFP differs so much across countries? 12. Do the following production functions exabits increasing, decreasing or constant return to scale in and L (based on returns to scale in production). a) y = kz L2 2 b) y = k3 L3 1 1 c) y = k Lz d) y = k+L

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