The supply of real GDP is a function of
A. the total expenditures of consumers, investors and government.
B. the sum of wages, salaries, corporate profits, rents and interest.
C. only the state of technology.
D. the quantities of labor, capital and the state of technology.
Answer:D
The supply of real GDP is a function of
A. the total expenditures of consumers, investors and government. B. the sum of wages, salaries, corporate profits, rents and interest. C. only the state of technology. D. the quantities of labor, capital and the state of technology.