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Title: The following table compares some attributes of workers in South Korea, Spain, and the United ...
Post by: CountrySlim84 on Dec 19, 2022
The following table compares some attributes of workers in South Korea, Spain, and the United States.

CountryIncome per workerAverage years of schoolingPercentage of U.S. physical capital stock per worker
Spain88,94410.2781.2%
South Korea67,24712.0552.6%
United States112,51713.18100%

Refer to the table above. This table helps illustrate the fact that ________.

▸ physical capital stock is the most important determinant of cross-country differences in GDP per worker

▸ technology is the most important determinant of cross-country differences in GDP per worker

▸ efficiency in production is the most important determinant of cross-country differences in GDP per worker

▸ both B and C are true


Title: The following table compares some attributes of workers in South Korea, Spain, and the United ...
Post by: doublekud on Dec 19, 2022
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