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Quiz Instructions D Question 9 1 pts If for an economy output (GDP) is denoted by Y, total capital input is K, total labour input

Quiz Instructions D Question 9 1 pts If for an economy output (GDP) is denoted by Y, total capital input is K, total labour input is L, w is the wage rate, r is the interest rate and the depreciation rate is o then according to the income approach to National Accounts implies: OY =L+K OY = WL+rK - SK OY = WL +rK O Y = WL + (r +8) K

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