Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
mariasmakatof mariasmakatof
wrote...
Go to Answer
Posts: 139
Rep: 0 0
A year ago
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. If workers in Spain and South Korea had access to the level of technology available in the United States, what might we expect with respect to income per worker?

▸ No change, because these countries already have access to the U.S. level of technology.

▸ Income per worker would only increase for workers in South Korea.

▸ Income per worker in Spain would reach the level of the United States.

▸ Income per worker would likely increase more for workers in South Korea.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 32 times
1 Reply
Replies
Answer verified by a subject expert
ssong07ssong07
wrote...
#1
Posts: 114
Rep: 0 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

mariasmakatof Author
wrote...

A year ago
Good timing, thanks!
lubennick
wrote...

Yesterday
Smart ... Thanks!
Roselalo
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
  1350 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 233
  
 487
  
 970
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?