In Comparing Two Countries with Different Levels of Education but the Same

question 47

Multiple Choice

In comparing two countries with different levels of education but the same saving rate,rate of population growth,and rate of technological progress,one would expect the more highly educated country to have:

• A) a higher growth rate of total income and a higher real wage.
• B) a higher growth rate of total income and the same real wage.
• C) the same growth rate of total income and a higher real wage.
• D) the same growth rate of total income and the same real wage.

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