What does the Solow residualmeasure?

A.

Consumption per worker

B.

Output per worker

C.

Standard of living

D.

Total factor productivity

What are the Solow residuals empiricalproperties?

A.

The main empirical property of it is that there are cyclical fluctuations in Solow residuals about trend growth.

B.

The main empirical property of it is that there are cyclical deviations in trends from output per worker.

C.

The main empirical property of it is that there are deviations in trends from consumer output.

D.

The main empirical property of it is that there are fluctuations in Solow residuals about standard of living.