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    Exam 3: Aggregate Production and Productivity
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    Real Labor Income Is Given by ________
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Real Labor Income Is Given by ________

Question 76

Question 76

Multiple Choice

Real labor income is given by ________.


A) MPL × L
B) labor share of income × labor productivity × labor
C) labor share of income × output
D) all of the above
E) none of the above

Correct Answer:

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