An Economy's Production Function Is Y = AK0

question 37

Multiple Choice

An economy's production function is Y = AK0.25L0.75, and the economy's total output in equilibrium is $800 billion. Total capital income in this economy is ________.

• A) $200 billion
• B) $25 billion
• C) $750 billion
• D) $267 billion
• E) none of the above

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Definitions:

Histrionic Personality Disorder

A mental disorder characterized by a pattern of excessive emotional expression and attention-seeking behaviors.

Borderline Personality Disorder

A disorder of the mind that manifests through unpredictable mood swings, actions, and social interactions.

Distinguish

To recognize or identify as separate and distinct.

Obsessive-Compulsive Disorder

A mental disorder characterized by recurrent, unwanted thoughts (obsessions) and/or repetitive behaviors (compulsions).