
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 17
If a country's labor is paid a total of $6 billion, its capital is paid a total of $2 billion, and profits are zero, what is the level of output ( Hint: See equation 2.)


Explanation
GDP is sum of payments to fact...
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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