GDP Can Be Represented by the Equation: GDP = F

question 65

Multiple Choice

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.

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