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 real GDP per worker equals $3,200, physical capital per worker equals:
A) $81.
B) $64.
C) $49.
D) $100.
Correct Answer:
Verified
Correct Answer:
Verified
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