GDP can be represented by the equation: GDP = F x (Fe/F) x (GDP/Fe) . This equation tells us that real aggregate output can be expressed as factor
A) price times the utilization rate times GDP per capita.
B) utilization times equilibrium factor price times factor productivity.
C) supply times the equilibrium factor price times GDP per capita.
D) supply times the factor- utilization rate times factor productivity.
E) supply times equilibrium factor price times factor productivity.
Correct Answer:
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