Part A. State whether the question is True or False (1 point) and Explain your answer (2 points}. For example, if the statement is True, explain why it is true. If the statement is False, explain why it is false and correct the statement. A diagram or equation may be helpful to explain your answer. 1. Constant Returns To Scale implies that doubling the inputs (e.g. capital and labor) of the production function will double output. 2. Development accounting, which is the empirical analysis that uses the production function to explain differences in GDP p.c. across countries, finds that differences in capital per capital across countries can explain MOST of the differences in GDP pc. 3. Total Factor Productivity (TFP) is usually measured empirically as an implied residual from the production function