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    Exam 13: Technological Progress: the Short, the Medium, and the Long Run
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    When the Production Function Is Represented by Y = NA,labor
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When the Production Function Is Represented by Y = NA,labor

Question 7

Question 7

Multiple Choice

When the production function is represented by Y = NA,labor productivity is represented by which of the following expressions?


A) 1 / A
B) NA
C) A / Y
D) Y / A
E) none of the above

Correct Answer:

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