Multiple Choice
Suppose that over the past ten years productivity grew faster in Cayo than in San Marcos and the population of both countries was unchanged. What can we conclude?
A) Real GDP per person must be higher in Cayo than in San Marcos.
B) Real GDP per person grew faster in Cayo than in San Marcos.
C) The standard of living must be higher in Cayo than in San Marcos.
D) Cayo must have had a greater capital stock than San Marcos.
Correct Answer:

Verified
Correct Answer:
Verified
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