Why do some countries have a high real per capita income, Ask an Expert

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Why do some countries have a high real per capita income?

High standard of living within the industrialized nations consider to be largely because of the high productivity of high value added products

High productivity can be the effect of:

• High quality of human capital along with

• Access to current complementary resources for example, state-of-the-art capital.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9579489

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