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Use the following to answer questions :
Figure: Nations A and B Use the following to answer questions : Figure: Nations A and B   -(Figure: Nations A and B) Look at the figure Nations A and B. Suppose that in 1960 each nation had $100 of physical capital for each worker and in 2010 each nation had $400 of physical capital per worker. Clearly in both 1960 and in 2010 nation A was producing more real output per capita with the same amount of physical capital per worker. What could explain the difference in these aggregate production functions?
-(Figure: Nations A and
B) Look at the figure Nations A and B. Suppose that in 1960 each nation had $100 of physical capital for each worker and in 2010 each nation had $400 of physical capital per worker. Clearly in both 1960 and in 2010 nation A was producing more real output per capita with the same amount of physical capital per worker. What could explain the difference in these aggregate production functions?


Definitions:

E. Coli

Escherichia coli, a species of bacteria that resides in the intestines of mammals, including humans; while mostly harmless, some strains can cause serious foodborne illness.

Toxic Chemicals

Substances that can cause harm to humans, animals, or the environment.

Livestock Feedlot

A type of animal feeding operation which is used in modern agriculture to fatten livestock, particularly beef cattle, before slaughter.

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