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What term describes the process of an economy as a whole turning economic inputs such as labor, machinery, and raw materials into outputs such as

What term describes the process of an economy as a whole turning economic inputs such as labor, machinery, and raw materials into outputs such as goods and services?

Question 26 options:

a)

Labor production function

b)

Aggregate production function

c)

Aggregate output function

d)

Input production function

explain it clearly and need only typed answers

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