Consider a small economy where factor supply is 1000 units, the factor utilization rate is 0.9 and a simple measure of productivity (GDP per factor employed)is $80. This economy's GDP is
A)$72 000
B)$7200
C)$88 888
D)$90 000
E)$80 000

Name: Consider a small economy where factor supply is 1000 units, the factor utilization rate is 0.9 and a simple measure of productivity (GDP per factor employed)is $80. This economy's GDP is A)$72 000 B)$7200 C)$88 888 D)$90 000 E)$80 000
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The Answer is A

Consider a Small Economy Where Factor Supply Is 1000 Units