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    Exam 3: Aggregate Production and Productivity
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    An Economy's Production Function Is Y = a
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An Economy's Production Function Is Y = a

Question 7

Question 7

Multiple Choice

An economy's production function is Y = A An economy's production function is Y = A     ,and the economy's total output in equilibrium is $90 billion.Total capital income in this economy is ________. A) $27 billion B) $30 billion C) $21 billion D) $70 billion E) none of the above An economy's production function is Y = A     ,and the economy's total output in equilibrium is $90 billion.Total capital income in this economy is ________. A) $27 billion B) $30 billion C) $21 billion D) $70 billion E) none of the above ,and the economy's total output in equilibrium is $90 billion.Total capital income in this economy is ________.


A) $27 billion
B) $30 billion
C) $21 billion
D) $70 billion
E) none of the above

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