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If K=KˉK = \bar { K } And L=LˉL = \bar { L }

Question 80

Multiple Choice

If K=KˉK = \bar { K } and L=LˉL = \bar { L }
, then output is determined by:


A) the total amount of labor in an economy
B) the total amount of capital in an economy
C) the total amount of capital and labor available in an economy
D) a percentage of capital and labor in an economy
E) Not enough information is given.

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