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In long-run competitive equilibrium when constant returns to scale are obtained, the marginal productivity system of distributing income shows that the sum of all payments
In long-run competitive equilibrium when constant returns to scale are obtained, the marginal productivity system of distributing income shows that the sum of all payments to factor owners _____ the total output available for distribution. Multiple choice question. is less than equals exceeds
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
