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The Table Below Represents Freedonia's Macroeconomic Data for Year 1

question 99

Multiple Choice

The table below represents Freedonia's macroeconomic data for Year 1 and Year 2. The table below represents Freedonia's macroeconomic data for Year 1 and Year 2.   Suppose that the production function is given by Y = AK<sup>0.25</sup><sup>N</sup><sup>0.75</sup><sup>.</sup>Between Year 1 and Year 2,total factor productivity of Freedonia's economy increased by A) -1.5%. B) 5) 0%. C) 5) 5%. D) 12.7%.
Suppose that the production function is given by Y = AK0.25N0.75.Between Year 1 and Year 2,total factor productivity of Freedonia's economy increased by


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