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Suppose the economy's production function is Y = AK0.5N0.5. If Y = 12, K = 16 and N = 36, then what is the value

Suppose the economy's production function is Y = AK0.5N0.5. If Y = 12, K = 16 and N = 36, then what is the value of TFP (A)? Question 2 options: 1 0.5 0.05 unknown, as there is not sufficient informationThe economy's MPN is given by MPN = 100 - N0.5 where N is the level of employment. How much is the aggregate labor demand when the real wage is w=20? Question 5 options: 64,000 120 80 6400

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