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Munze Munze
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6 years ago
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
wrote...
6 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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