For This Question,assume That the Aggregate Production Function Is Represented

question 12

Multiple Choice

For this question,assume that the aggregate production function is represented by Y = AN.Which of the following represents the price setting relation for this economy?

• A)(1 + m)A
• B)(1 + m)A / W
• C)(1 + m)W
• D)W / A
• E) none of the above