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Suppose the production function in an economy is Y = K0.5L0.5, where K is the amount of capital and L is the amount of labor.

Suppose the production function in an economy is Y = K0.5L0.5, where K is the amount of capital and L is the amount of labor. The economy begins with 16 units of capital and 25 units of labor.

Round answers to two places after the decimal when necessary.

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