Question
Question 3: Country A and Country B have the same level of output per worker. They also have the same values for the rate of
Question 3: Country A and Country B have the same level of output per worker. They also have the same values for the rate of investment and the level of TFP. In Country A output per worker is growing, whereas in Country B it is falling. What can you say about the two countries' depreciation rates? Explain your reasoning, supporting it with graphs and/or equations.
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
