Country X and Country Y have the same level of output per worker. They also have the

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Country X and Country Y have the same level of output per worker. They also have the same values for the rate of depreciation,

d, and the measure of productivity, A. In Country X output per worker is growing, whereas in Country Y it is falling. What can you say about the two countries’ rates of investment?

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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