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Author Question: Suppose the aggregate production function is represented by the following: Y = AN. Given this ... (Read 103 times)

dmcintosh

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  • Posts: 517
on: Jun 30, 2018
Suppose the aggregate production function is represented by the following: Y = AN. Given this information, labor productivity is given by
 
  A) Y.
  B) N/A.
  C) A/N.
  D) A.
  E) none of the above

Question 2

Which of the following is not an asset on a bank's balance sheet?
 
  A) reserves
  B) loans
  C) checkable deposits
  D) all of the above
  E) none of the above


snackralk

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

D

Answer to Question 2

C


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