(Answered) Country a has twice as many workers as country b country a

Economics

Country A has twice as many workers as Country B. Country A also has twice as much physical capital, twice as much human capital, and access to twice as many natural resources as Country B. Assuming constant-returns to scale, which of the following is higher in Country A?

a. both output per worker and productivity

b. output per worker but not productivity

c. productivity but not output per worker

d. neither productivity nor output per worker

View complete question

Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92026199
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Macroeconomics

Question marketing plan target markets swot and current

Question: Marketing Plan: Target Markets, SWOT, and Current Marketing Mix Extend the analysis of the target market by profiling three different groups, ranking them in priority order, and discussing the differences in ea ...

Question develop a 12-slide microsoftreg powerpointreg

Question: Develop a 12-slide Microsoft® PowerPoint® presentation including detailed speaker notes or voiceover including the following: Describe the intervention and detail its history. Analyze the arguments for governme ...

Question when other firms reactsuppose you are the

Question: When other firms react Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned th ...

Question a firm faces the following demand curve p 120-020

Question: A firm faces the following demand curve: P = 120-0.20 * Q, and MR = 120 0.01 * Q. The firm's cost function T_C = 60 * Q + 25,000; MC = 60 (it is constant over all levels of output. If the firm maximizes profit, ...

Question a due to a technological boom and rapid expansion

Question: (a) Due to a technological boom and rapid expansion of the economy, the Federal Reserve Bank is pursuing a contractionary monetary policy. Using a graphical analysis, show the effects of this policy on the equi ...

Question are shareholders residual claimants in a publicly

Question: Are shareholders residual claimants in a publicly traded corporation? Why or why not? In some industries, like hospitals, for-profit producers compete with nonprofit ones. Who is the residual claimant in a nonp ...

Question consider an online game that is popular in china

Question: Consider an online game that is popular in China. Besides having good skills, players performance also depends on the value of the virtual weapons they have in the game. There are two ways to obtain the virtual ...

Question in an effort to move the economy out of a

Question: In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take ...

Economics and finance for business assignment -research

Economics and Finance for Business Assignment - Research report on Australian businesses - An industry or market analysis The objective: To conduct a market or industry analysis of rival businesses in an industry of your ...

Question - someone calculated the future worth of his

Question - Someone calculated the future worth of his investment in term of today's dollars. The obtained result was 945, 895. The life of the investment is expected to be 20 years. The average annual inflation rate alon ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Macroeconomics Expert