An economy's production function includes three inputs, labor, land and capital If the economy's labor force doubled and all other inputs stayed the same, then real GDP would a stay the same b increase by exactly 50 percent c increase by exactly 100 percent d increase, but not necessarily by either 50 percent or 100 percent

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Question: An economy's production function includes three inputs, labor, land and capital. If the economy's labor force doubled and all other inputs stayed the same, then

An economy's production function includes three inputs, labor, land and capital. If the economy's labor force doubled and all other inputs stayed the same, then real GDP would

stay the same.

increase by exactly 50 percent.

increase by exactly 100 percent.

increase, but not necessarily by either 50 percent or 100 percent.

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