QUESTION 10 onsider the scenario given in the table below for two economies, Economy X and Economy Z. Note that the two economies are identic every aspect except for their level of productivity (A). Ko No In ak d. conomy X conomy Z 20 15 1 0.3 0.3 10 0.15 0.1 10 1 0.15 0.1

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QUESTION 10
Consider the scenario given in the table below for two economies, Economy X and Economy Z. Note that the two economies are identical
in every aspect except for their level of productivity (A).
A
Ko
No
ak
0.3
0.3
n
Economy X
Economy Z
20
15
1
1
10
0.15
0.1
10
0.15
0.1
The GDP of economy X in period 10 (i.e., Y10) is equal to
(Round your answers to 1 decimal point.)
Transcribed Image Text:QUESTION 10 Consider the scenario given in the table below for two economies, Economy X and Economy Z. Note that the two economies are identical in every aspect except for their level of productivity (A). A Ko No ak 0.3 0.3 n Economy X Economy Z 20 15 1 1 10 0.15 0.1 10 0.15 0.1 The GDP of economy X in period 10 (i.e., Y10) is equal to (Round your answers to 1 decimal point.)
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