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    aggregate production function

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    If Y=real GDP, and L,K,and T represent the quantities of labor, capital and technology, what are the most appropriate representation of aggregate production function...

    Not sure if the formula begins with Y=F(K,T,L) orT+F(Y,T,L)

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    Solution Preview

    The general form of aggregate production function is
    Y =F(T,K,L) ...

    Solution Summary

    This job applies aggregate production function.