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Author Question: In the long run, output is determined solely by the supply of capital and the supply of labor, not ... (Read 118 times)

dbose

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on: Jun 30, 2018
In the long run, output is determined solely by the supply of capital and the supply of labor, not the price level.
 
  Indicate whether the statement is true or false

Question 2

Approximately ________ people live in the United States and ________ people live in the world.
 
  A) 210 million; 5 billion
  B) 310 million; 7 billion
  C) 210 million; 6 billion
  D) 410 million; 8 billion
  E) 310 million; 3 billion
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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dudman123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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