Compared to the U

question 36

Multiple Choice

Compared to the U.S. production function, the European production function is

• A)lower.
• B)higher.
• C)the same.
• D)lower than the U.S. production function at low levels of employment and higher than the U.S. production function at high levels of employment.
• E)higher than the U.S. production function at low levels of employment and lower than the U.S. production function at high levels of employment.

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