Multiple Choice
Holding the human capital per worker and technology unchanged, the estimated aggregate production function in Jamaica is Y / L = 50 * K / L, where Y = real output, L = number of workers, and K = quantity of physical capital. If K / L = $81, then real GDP per worker is:
A) $4,050.
B) $4,000.
C) $4,096.
D) $40,500.
Correct Answer:
Verified
Correct Answer:
Verified
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