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berry berry
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A year ago
The following figure shows the production function and the relationship between investment and physical capital stock for a given saving rate.




Refer to the figure above. If the physical capital stock is fixed at $300, the GDP in this economy is ________.

▸ $6,000

▸ $4,000

▸ $5,000

▸ $7,000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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birdnuggetbirdnugget
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A year ago
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