Given the aggregate production function Y = A K0.3L0.7, the Solow residual equals ________ when Y is 60, K = 5 and L = 5.
A) 2.4
B) 35
C) 25
D) 12

Name: Given the aggregate production function Y = A K0.3L0.7, the Solow residual equals ________ when Y is 60, K = 5 and L = 5. A) 2.4 B) 35 C) 25 D) 12
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The Answer of Given the aggregate production function Y = A K0.3L0.7, the Solow residual equals ________ when Y is 60, K = 5 and L = 5.
A) 2.4
B) 35
C) 25
D) 12

Given the Aggregate Production Function Y = a K0