By the 20th century, land ownership rates were highest in which of the following?

Group of answer choices

a. Brazil

b. Canada

c. Haiti

d. Mexico

Consider a simple Cobb-Douglas economy with competition, constant returns to scale, and capital and labor as its only factor inputs.An increase in the output elasticity of capital makes income per capita ___ sensitive to a change in the capital-labor ratio

a. no more and no less

b. less

c. more

"Country A has more capital per worker than Country B.Thus, Country A must have a higher level of living standards than Country B."

True

False