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Suppose there are two countries. In the rich country, the representative consumer has H T units of human capital, and total factor productivity is 27..

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Suppose there are two countries. In the rich country, the representative consumer has H T units of human capital, and total factor productivity is 27.. In the poor country, the representative consumer has Hp units of human capital, and total factor productivity is 2p. Assume that b and N are the same in both countries, HT > Hp, and Zr > zp. (a) How do the levels of per capita income, the growth rates of per capita income, and real wages compare between the rich and poor countries

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