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    Exam 7: Economic Growth
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    If Output Equals a × (5K + 2L), What Is
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If Output Equals a × (5K + 2L), What Is

Question 17

Question 17

Multiple Choice

If output equals A × (5K + 2L) , what is output if A equals 2,000, capital equals 10, and labor equals 100?


A) 500,000
B) 120,000
C) 50,000
D) 12,000

Correct Answer:

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