Draw similar diagrams showing the following two situations: a. Country 1 has both higher output per worker

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Draw similar diagrams showing the following two situations:

a. Country 1 has both higher output per worker and higher productivity than Country 2, but it has a lower level of factors of production than Country 2.

b. Country 1 has both higher output per worker and more factors of production than Country 2, but it has a lower level of productivity than Country 2.

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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