MACROECONOMICS
10th Edition
ISBN: 9781319106072
Author: Mankiw
Publisher: MAC HIGHER
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Question
Chapter 18, Problem 2PA
(a)
To determine
The nation with higher level of factor productivity.
(b)
To determine
Comparison of the output per worker, capital per worker, and the capital–output ratio.
(c)
To determine
Comparison of the real wage and the real rental
(d)
To determine
The beneficiaries of a developed financial system.
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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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