Solved

In the Long Run, What Determines the Level of Total

Question 3

Multiple Choice

In the long run, what determines the level of total production of goods and services in an economy?


A) the interest rate and the amount of national saving
B) Bthe quantity of capital and labor and production
C) technology consumption, investment, and government spending
D) the marginal products of capital and labor, constant returns to scale, and competition

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents