To Determine GDP from the Production Function,we Need to Know

question 42

Multiple Choice

To determine GDP from the production function,we need to know

• A)the quantity of labor employed.
• B)the quantity of labor available for work.
• C)the unemployment rate.
• D)the quantity of labor supplied by firms.
• E)the real wage rate.

---

Definitions:

Oceanic

Pertaining to the ocean, especially the vast, deep areas beyond the continental shelf.

Lithosphere

The rigid outer layer of the Earth, encompassing the crust and the uppermost part of the mantle.

Crust

The outermost solid layer of Earth, consisting of continental and oceanic crust.

Upper Mantle

The layer of the Earth located beneath the Earth's crust and above the lower mantle, characterized by its semi-fluid asthenosphere and more rigid upper part.