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    Macroeconomics Study Set 4
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    Exam 4: Consumer and Firm Behaviour: The Work–Leisure Decision and Profit Maximization
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    In the Production Function, Y = ZF(K, N<sup>d</sup>), Total Factor
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In the Production Function, Y = ZF(K, Nd), Total Factor

Question 27

Question 27

Multiple Choice

In the production function, Y = zF(K, Nd) , total factor productivity is


A) Y/K.
B) Y/ Nd.
C) F/Y.
D) z.
E) Y/Z.

Correct Answer:

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