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Assuming That W and R Are Both Positive,if the Long-Run

Question 59

Multiple Choice

Assuming that w and r are both positive,if the long-run expansion path is horizontal,then


A) Assuming that w and r are both positive,if the long-run expansion path is horizontal,then A) = 0. B) MRTS is a function of capital only. C) w = r. D) All of the above.
= 0.
B) MRTS is a function of capital only.
C) w = r.
D) All of the above.

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