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In 2023, GDP in the US is $22 trillion. The US uses $30 trillion of capital and 150 million workers. In 2023, GDP in China
In 2023, GDP in the US is $22 trillion. The US uses $30 trillion of capital and 150 million workers. In 2023, GDP in China is also $22 trillion. China uses $20 trillion in capital and 750 million workers. The production function for both countries is y = Ak.3n .7 . How much higher is US per-worker income than China's
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
