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Question: the production function explains o a all the machines equipment...

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The production function explains O A. all the machines, equipment, and buildings in the entire economy. O B. how the total level of output or GDP in the economy is generated from the factors of production. ° C. the efforts, both physical and mental, of all the workers in the economy used to produce goods and services. O D. All of the aboveWhich best explains the phenomenon of crowding in an open economy? O A. Decreased investment is replaced by increased consumption and government spending O B. Decreased consumption is replaced by increased investment and government spending ° C. Decreased government spending is replaced by increased consumption, investment and net exports O D. Decreased net exports is replaced by increased consumption and investment.What effect, if any, has illegal immigration had on real wages in the U.S.? OA. Real wages have seen no effect. O B. Real wages have increased as the supply of labor has increased. O C. Real wages have fallen as the supply of labor has increased. O D. Real wages have fallen as the demand for labor has decreased.

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