The amount of real GDP produced at any one time depends on
I.a fixed amount of capital.
Ii.a fixed level of technology.
Iii.decisions people make about leisure versus working.
A) ii only
B) ii and iii
C) i and ii
D) i only
E) i,ii and iii
Correct Answer:
Verified
Q35: According to the production function,as the quantity
Q36: The production function describes the relationship between
A)the
Q37: A country's potential GDP is determined,in part,by
A)the
Q38: The production function shows that potential GDP
Q39: At any given time,which factor of production
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