Consider Two Countries, a and B

question 72

True/False

Consider two countries, A and B. If each country produces using identical production functions, but y_A > y_B and k_A = k_B, the total factor productivity of country A equals that of B.

---

Definitions:

Ethnic Background

Refers to an individual's cultural heritage, including nationality, lineage, ancestry, and language.

Family Educational Rights and Privacy Act

A federal law in the United States that aims to protect the privacy of student education records, giving parents specific rights with respect to their children's education records until the age of 18, when these rights transfer to the students.

Health Insurance Portability and Accountability Act

A United States legislation that provides data privacy and security provisions for safeguarding medical information.