Top Posters
Since Sunday
1
e
1
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
wilcoxj49 wilcoxj49
wrote...
Go to Answer
Posts: 121
Rep: 0 0
A year ago
Two countries, Rhodia and Rubium, have identical production functions in the form Y = A × K0.25 × H0.75, where Y denotes total output, A denotes the level of technology, K denotes the physical capital stock, and H denotes the efficiency units of production. Both countries have the same amount of physical capital stock and use the same technology. However, the total efficiency units of labor in Rhodia is higher than that in Rubium. Which of the following is likely to be TRUE in this case?

▸ The poverty rate in Rhodia is likely to be higher than that in Rubium.

▸ The Human Development Index of Rhodia is lower than that of Rubium.

▸ The GDP of Rubium is higher than that of Rhodia.

▸ The GDP of Rhodia is higher than that of Rubium.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 35 times
1 Reply
Replies
Answer verified by a subject expert
PWT82PWT82
wrote...
#1
Posts: 133
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wilcoxj49 Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
riptide
wrote...

Yesterday
This site is awesome
kevin12323h
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  771 People Browsing
 102 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 237
  
 278
  
 905
Your Opinion
Which country would you like to visit for its food?
Votes: 215
Previous poll results: Who will win the 2024 president election?