If Two Countries Have the Same Aggregate Production Function, Rate

question 26

Multiple Choice

If two countries have the same aggregate production function, rate of technological growth, and savings rate, then

• A)they will always have the same per-capita income
• B)the country with the higher rate of population growth will have a higher per-capita income
• C)the country with the lower rate of population growth will have a higher per-capita income
• D)the country with the highest depreciation rate will have the highest per-capita income
• E)both C and D

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Definitions:

Clinical Diagnosis

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