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Economics

Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods.

1. Which country is better off?

2. Compute each country's productivity and real GDP per person.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91227754

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