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    Exam 5: A Closed-Economy One-Period Macroeconomic Model
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    In the Production Function, Output Is Given by
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In the Production Function, Output Is Given by

Question 16

Question 16

Multiple Choice

In the production function, output is given by


A) consumption and taxes.
B) consumption and government spending.
C) capital stock and employment.
D) capital stock and leisure.
E) production technology and the capital stock.

Correct Answer:

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