Given the production function Y=A(K,L,N,H), what is the role of money in generating long run growth in Y? A.) money increases economic trade and thus increase Y B.) money increases prices making it more profitable to produce C.) money plays no role in determining long run economic activity D.) money being the root of all evil harms economic growth
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Given the production function Y=A(K,L,N,H), what is the role of money in generating long run growth in Y?
A.) money increases economic trade and thus increase Y |
||
B.) money increases prices making it more profitable to produce |
||
C.) money plays no role in determining long run economic activity |
||
D.) money being the root of all evil harms |
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