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    If the Aggregate Production Function Is Y = 2K
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If the Aggregate Production Function Is Y = 2K

Question 47

Question 47

Essay

If the aggregate production function is Y = 2K.5L.5 . If there are 225 units of capital and 196 units of labor, calculate the aggregate output. Show your work.

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The square root of 225 is 15. ...

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