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    Exam 7: The Economy at Full Employment
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    The Production Function Is Y = 2K<sup>0
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The Production Function Is Y = 2K0

Question 141

Question 141

Multiple Choice

The production function is Y = 2K0.5L0.5. If there are 121 units of capital and 225 units of labor, aggregate output is:


A) 330 units.
B) 240 units.
C) 120 units.
D) 165 units.

Correct Answer:

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