When a country breaks up into two countries, total real GDP of the two countries is usually
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Question:
When a country breaks up into two countries, total real GDP of the two countries is usually about the same as the real GDP of the original country before the break-up. This shows aggregate production functions have which property?
a) Cobb-Douglas form
b) Euler's theorem
c) Diminishing marginal product
d) Constant returns to scale
e) None of the above
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