Suppose the Payments to Capital and Labor Are (W*L*)/Y* =

question 110

Multiple Choice

Suppose the payments to capital and labor are (w*L*) /Y* = 2/3 and (r*L*) /Y* = 2/3,respectively.One implication of this result is:

• A)w*L* + r*K* < Y*.
• B)w*L* + r*K* = Y*.
• C)w*L* + r*K* > Y*.
• D)(w*L*/r*K*)= Y*.
• E)(w*L*/Y*)(r*K*/Y*)= 1.

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